Japan Transcity Dividend
Dividend criteria checks 4/6
Japan Transcity is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
16%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥73.32 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9310's dividends per share have been stable in the past 10 years.
Growing Dividend: 9310's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Japan Transcity Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9310) | 1.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Shipping) | 3.3% |
Analyst forecast in 3 Years (9310) | n/a |
Notable Dividend: 9310's dividend (1.7%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9310's dividend (1.7%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.5%), 9310's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9310 is paying a dividend but the company has no free cash flows.