Alpha Systems Dividends and Buybacks
Dividend criteria checks 2/6
Alpha Systems is a dividend paying company with a current yield of 2.04%. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥70.000 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4719 has been paying a dividend for less than 10 years.
Growing Dividend: 4719's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Alpha Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4719) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (4719) (up to 3 years) | n/a |
Notable Dividend: 4719's dividend (2.04%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4719's dividend (2.04%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 4719's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 4719's dividend payments are well covered by cash flows.