Ichinen HoldingsLtd Dividend
Dividend criteria checks 4/6
Ichinen HoldingsLtd is a dividend paying company with a current yield of 3.67% 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
3.7%
Dividend yield
12%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥60.000 |
Earnings per share | JP¥514.17 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Aug 09Ichinen HoldingsLtd's (TSE:9619) Dividend Will Be ¥30.00
Jul 26Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Jul 11Ichinen HoldingsLtd (TSE:9619) Has Announced A Dividend Of ¥25.00
Feb 26Recent updates
Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Aug 09Ichinen HoldingsLtd's (TSE:9619) Dividend Will Be ¥30.00
Jul 26Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Jul 11Additional Considerations Required While Assessing Ichinen HoldingsLtd's (TSE:9619) Strong Earnings
May 08Ichinen HoldingsLtd (TSE:9619) Has Announced A Dividend Of ¥25.00
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9619's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9619's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ichinen HoldingsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9619) | 3.7% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Transportation) | 1.7% |
Analyst forecast in 3 Years (9619) | 4.1% |
Notable Dividend: 9619's dividend (3.67%) is higher than the bottom 25% of dividend payers in the JP market (1.92%).
High Dividend: 9619's dividend (3.67%) is low compared to the top 25% of dividend payers in the JP market (3.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.8%), 9619's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39%), 9619's dividend payments are well covered by cash flows.