Shizuoka Gas Co., Ltd.

OTCPK:SHKG.F Stock Report

Market Cap: US$545.3m

Shizuoka Gas Dividends and Buybacks

Dividend criteria checks 5/6

Shizuoka Gas is a dividend paying company with a current yield of 3.71% that is well covered by earnings.

Key information

3.7%

Dividend yield

-1.1%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yield3.7%
Dividend Growth5.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.271
Payout ratio24%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SHKG.F's dividends per share have been stable in the past 10 years.

Growing Dividend: SHKG.F's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shizuoka Gas Dividend Yield vs Market
How does SHKG.F dividend yield compare to the market?
SegmentDividend Yield
Company (SHKG.F)3.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Gas Utilities)3.2%
Analyst forecast (SHKG.F) (up to 3 years)3.7%

Notable Dividend: SHKG.F's dividend (3.71%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: SHKG.F's dividend (3.71%) is low compared to the top 25% of dividend payers in the US market (4.33%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.7%), SHKG.F's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52%), SHKG.F's dividend payments are covered by cash flows.


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