Okayamaken Freight Transportation Dividend
Dividend criteria checks 4/6
Okayamaken Freight Transportation is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
5%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥1.23k |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9063's dividends per share have been stable in the past 10 years.
Growing Dividend: 9063's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Okayamaken Freight Transportation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9063) | 2.0% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Transportation) | 1.5% |
Analyst forecast in 3 Years (9063) | n/a |
Notable Dividend: 9063's dividend (1.96%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).
High Dividend: 9063's dividend (1.96%) is low compared to the top 25% of dividend payers in the JP market (3.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.4%), 9063's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9063 is paying a dividend but the company has no free cash flows.