Daitron Dividend
Dividend criteria checks 5/6
Daitron is a dividend paying company with a current yield of 4.47% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 9.3% |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥125.000 |
| Payout ratio | 23% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7609's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7609's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Daitron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7609) | 4.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (7609) (up to 3 years) | 5.5% |
Notable Dividend: 7609's dividend (4.47%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7609's dividend (4.47%) is in the top 25% of dividend payers in the JP market (3.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), 7609's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.7%), 7609's dividend payments are well covered by cash flows.