Hokuriku Electric Power Dividend
Dividend criteria checks 3/6
Hokuriku Electric Power is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
3%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0957 |
| Earnings per share | US$252.98 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HOKR.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: HOKR.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hokuriku Electric Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HOKR.F) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 2.8% |
| Analyst forecast (HOKR.F) (up to 3 years) | 2.2% |
Notable Dividend: HOKR.F's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: HOKR.F's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3%), HOKR.F's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2%), HOKR.F's dividend payments are thoroughly covered by cash flows.