Espec Dividends and Buybacks
Dividend criteria checks 4/6
Espec is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Last payment was on 10th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Payout ratio | 32% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6859's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6859's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Espec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6859) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (6859) (up to 3 years) | 3.4% |
Notable Dividend: 6859's dividend (2.97%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6859's dividend (2.97%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), 6859's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.1%), 6859's dividend payments are covered by cash flows.