Japan Transcity Dividend
Dividend criteria checks 3/6
Japan Transcity is a dividend paying company with a current yield of 1.51% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.5%
Dividend yield
16%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥14.000 |
| Earnings per share | JP¥72.91 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Japan Transcity (TSE:9310) Is Increasing Its Dividend To ¥16.50
Jul 26
Japan Transcity (TSE:9310) Is Increasing Its Dividend To ¥16.50
Jul 11Japan Transcity's (TSE:9310) Dividend Will Be ¥6.00
Mar 11Japan Transcity (TSE:9310) Is Due To Pay A Dividend Of ¥6.00
Feb 26Recent updates
Japan Transcity (TSE:9310) Is Increasing Its Dividend To ¥16.50
Jul 26Japan Transcity (TSE:9310) Is Increasing Its Dividend To ¥16.50
Jul 11Japan Transcity Corporation's (TSE:9310) 27% Price Boost Is Out Of Tune With Earnings
Jun 27Japan Transcity Corporation's (TSE:9310) Shares Leap 32% Yet They're Still Not Telling The Full Story
May 13Japan Transcity's (TSE:9310) Dividend Will Be ¥6.00
Mar 11Japan Transcity (TSE:9310) Is Due To Pay A Dividend Of ¥6.00
Feb 26Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9310) | 1.5% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.6% |
| Industry Average (Shipping) | 3.7% |
| Analyst forecast in 3 Years (9310) | n/a |
Notable Dividend: 9310's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 9310's dividend (1.51%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
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.