West Japan Railway Dividend
Dividend criteria checks 4/6
West Japan Railway is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
35%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥204.85 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
West 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) | 2.4% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Transportation) | 1.4% |
Analyst forecast in 3 Years (9021) | 2.8% |
Notable Dividend: 9021's dividend (2.4%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 9021's dividend (2.4%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), 9021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.3%), 9021's dividend payments are covered by cash flows.