Shikoku Electric Power Company Dividend
Dividend criteria checks 2/6
Shikoku Electric Power Company is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
10%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥153.26 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9507 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9507's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shikoku Electric Power Company Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9507) | 2.3% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electric Utilities) | 2.3% |
Analyst forecast in 3 Years (9507) | 3.6% |
Notable Dividend: 9507's dividend (2.29%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 9507's dividend (2.29%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 9507's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9507 is paying a dividend but the company has no free cash flows.