Azuma Shipping Dividends and Buybacks
Dividend criteria checks 3/6
Azuma Shipping is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥7.000 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9380's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9380's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Azuma Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9380) | 2.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Shipping) | 5.1% |
| Analyst forecast (9380) (up to 3 years) | n/a |
Notable Dividend: 9380's dividend (2.17%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9380's dividend (2.17%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), 9380's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9380 is paying a dividend but the company has no free cash flows.