Shikoku Electric Power Company Dividend
Dividend criteria checks 3/6
Shikoku Electric Power Company is a dividend paying company with a current yield of 3.24% 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
3.2%
Dividend yield
8%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Earnings per share | JP¥353.68 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
Shikoku Electric Power Company, Incorporated's (TSE:9507) Intrinsic Value Is Potentially 27% Above Its Share Price
Oct 15
Investors Appear Satisfied With Shikoku Electric Power Company, Incorporated's (TSE:9507) Prospects
Sep 02Is Shikoku Electric Power Company (TSE:9507) A Risky Investment?
Jun 18What You Can Learn From Shikoku Electric Power Company, Incorporated's (TSE:9507) P/S
May 27Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9507) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electric Utilities) | 2.5% |
| Analyst forecast (9507) (up to 3 years) | 4.0% |
Notable Dividend: 9507's dividend (3.24%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 9507's dividend (3.24%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.5%), 9507's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), 9507's dividend payments are thoroughly covered by cash flows.