Techno Alpha Dividends and Buybacks
Dividend criteria checks 4/6
Techno Alpha is a dividend paying company with a current yield of 3.41% that is well covered by earnings. Next payment date is on 28th February, 2025 with an ex-dividend date of 28th November, 2024.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | 28 Feb 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | JP¥35.000 |
| Payout ratio | 45% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3089's dividends per share have been stable in the past 10 years.
Growing Dividend: 3089's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Techno Alpha Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3089) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (3089) (up to 3 years) | n/a |
Notable Dividend: 3089's dividend (3.41%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3089's dividend (3.41%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 3089's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3089 is paying a dividend but the company has no free cash flows.