Kansai Electric Power Company Dividend
Dividend criteria checks 3/6
Kansai Electric Power Company is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
14%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥552.52 |
| Dividend yield forecast in 3Y | 2.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9503 has been paying a dividend for less than 10 years.
Growing Dividend: 9503's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Kansai Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9503) | 2.2% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Electric Utilities) | 2.1% |
| Analyst forecast in 3 Years (9503) | 2.7% |
Notable Dividend: 9503's dividend (2.17%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9503's dividend (2.17%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), 9503's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), 9503's dividend payments are thoroughly covered by cash flows.