Hokkaido Gas Dividend
Dividend criteria checks 5/6
Hokkaido Gas is a dividend paying company with a current yield of 2.58% that is well covered by earnings.
Key information
2.6%
Dividend yield
12%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥659.83 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9534's dividends per share have been stable in the past 10 years.
Growing Dividend: 9534's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hokkaido Gas Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9534) | 2.6% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Gas Utilities) | 2.5% |
Analyst forecast in 3 Years (9534) | n/a |
Notable Dividend: 9534's dividend (2.58%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 9534's dividend (2.58%) is low compared to the top 25% of dividend payers in the JP market (3.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.1%), 9534's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10%), 9534's dividend payments are thoroughly covered by cash flows.