Shizuoka Gas Dividend
Dividend criteria checks 5/6
Shizuoka Gas is a dividend paying company with a current yield of 2.1% that is well covered by earnings. Next payment date is on 2nd September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.1%
Dividend yield
9%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 02 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥189.05 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9543's dividends per share have been stable in the past 10 years.
Growing Dividend: 9543's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shizuoka Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9543) | 2.1% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Gas Utilities) | 1.9% |
| Analyst forecast in 3 Years (9543) | 2.3% |
Notable Dividend: 9543's dividend (2.1%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9543's dividend (2.1%) 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 (8.8%), 9543's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.3%), 9543's dividend payments are thoroughly covered by cash flows.