Chubu Electric Power Company Dividend
Dividend criteria checks 5/6
Chubu Electric Power Company is a dividend paying company with a current yield of 3.33% 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
3.3%
Dividend yield
14%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥60.000 |
| Earnings per share | JP¥397.60 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Estimating The Intrinsic Value Of Chubu Electric Power Company, Incorporated (TSE:9502)
Aug 24
We Think Chubu Electric Power Company (TSE:9502) Is Taking Some Risk With Its Debt
Jul 16Chubu Electric Power Company, Incorporated's (TSE:9502) Business Is Yet to Catch Up With Its Share Price
Jun 21Market Participants Recognise Chubu Electric Power Company, Incorporated's (TSE:9502) Revenues
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9502's dividends per share have been stable in the past 10 years.
Growing Dividend: 9502's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chubu Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9502) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Electric Utilities) | 2.6% |
| Analyst forecast in 3 Years (9502) | 3.6% |
Notable Dividend: 9502's dividend (3.33%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9502's dividend (3.33%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), 9502's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.6%), 9502's dividend payments are well covered by cash flows.