West Japan Railway Dividends and Buybacks
Dividend criteria checks 3/6
West Japan Railway is a dividend paying company with a current yield of 2.67% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 0.2% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥74.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
West Japan Railway's (TSE:9021) Earnings May Just Be The Starting Point
Nov 08
West Japan Railway (TSE:9021) Hasn't Managed To Accelerate Its Returns
Oct 11We Think West Japan Railway (TSE:9021) Is Taking Some Risk With Its Debt
Sep 11Some Shareholders Feeling Restless Over West Japan Railway Company's (TSE:9021) P/E Ratio
Jul 15West Japan Railway (TSE:9021) Has A Somewhat Strained Balance Sheet
May 25We Think West Japan Railway's (TSE:9021) Solid Earnings Are Understated
May 07West Japan Railway (TSE:9021) Has More To Do To Multiply In Value Going Forward
Apr 30Pinning Down West Japan Railway Company's (TSE:9021) P/E Is Difficult Right Now
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9021's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9021's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| West Japan Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9021) | 2.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast (9021) (up to 3 years) | 3.1% |
Notable Dividend: 9021's dividend (2.67%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 9021's dividend (2.67%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.8%), 9021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.3%), 9021's dividend payments are not well covered by cash flows.