FreeBit Dividend
Dividend criteria checks 4/6
FreeBit is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.2%
Dividend yield
15%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥178.55 |
Dividend yield forecast in 3Y | 2.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3843's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3843's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
FreeBit Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3843) | 2.2% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Telecom) | 3.4% |
Analyst forecast in 3 Years (3843) | 2.2% |
Notable Dividend: 3843's dividend (2.25%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 3843's dividend (2.25%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.1%), 3843's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.2%), 3843's dividend payments are well covered by cash flows.