Hokkaido Electric Power Company Dividends and Buybacks
Dividend criteria checks 3/6
Hokkaido Electric Power Company is a dividend paying company with a current yield of 2.37% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 4.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 5% |
Recent dividend and buyback updates
Recent updates
Hokkaido Electric Power Company (TSE:9509) Strong Profits May Be Masking Some Underlying Issues
Nov 18
Is Hokkaido Electric Power Company (TSE:9509) A Risky Investment?
Sep 02Hokkaido Electric Power Company (TSE:9509) Is Looking To Continue Growing Its Returns On Capital
Jul 24Hokkaido Electric Power Company, Incorporated's (TSE:9509) Popularity With Investors Under Threat As Stock Sinks 28%
Jun 27Hokkaido Electric Power Company, Incorporated's (TSE:9509) Intrinsic Value Is Potentially 69% Above Its Share Price
Jun 07After Leaping 34% Hokkaido Electric Power Company, Incorporated (TSE:9509) Shares Are Not Flying Under The Radar
May 01Investors Will Want Hokkaido Electric Power Company's (TSE:9509) Growth In ROCE To Persist
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9509 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9509's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Hokkaido Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9509) | 2.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electric Utilities) | 3.0% |
| Analyst forecast (9509) (up to 3 years) | 2.4% |
Notable Dividend: 9509's dividend (2.37%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 9509's dividend (2.37%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), 9509's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 9509's dividend payments are thoroughly covered by cash flows.