C.E.Management Integrated LaboratoryLtd (TSE:6171) Is Paying Out A Dividend Of ¥6.00
C.E.Management Integrated Laboratory Co.Ltd (TSE:6171) has announced that it will pay a dividend of ¥6.00 per share on the 24th of March. Based on this payment, the dividend yield on the company's stock will be 2.9%, which is an attractive boost to shareholder returns.
C.E.Management Integrated LaboratoryLtd's Future Dividend Projections Appear Well Covered By Earnings
Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. The last dividend was quite easily covered by C.E.Management Integrated LaboratoryLtd's earnings. This indicates that quite a large proportion of earnings is being invested back into the business.
Over the next year, EPS could expand by 9.4% if recent trends continue. If the dividend continues on this path, the payout ratio could be 45% by next year, which we think can be pretty sustainable going forward.
View our latest analysis for C.E.Management Integrated LaboratoryLtd
C.E.Management Integrated LaboratoryLtd Has A Solid Track Record
Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2015, the dividend has gone from ¥4.50 total annually to ¥12.00. This implies that the company grew its distributions at a yearly rate of about 10% over that duration. We can see that payments have shown some very nice upward momentum without faltering, which provides some reassurance that future payments will also be reliable.
C.E.Management Integrated LaboratoryLtd Could Grow Its Dividend
Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. C.E.Management Integrated LaboratoryLtd has seen EPS rising for the last five years, at 9.4% per annum. Since earnings per share is growing at an acceptable rate, and the payout policy is balanced, we think the company is positioning itself well to grow earnings and dividends in the future.
We Really Like C.E.Management Integrated LaboratoryLtd's Dividend
Overall, we think that this is a great income investment, and we think that maintaining the dividend this year may have been a conservative choice. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All of these factors considered, we think this has solid potential as a dividend stock.
Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. For instance, we've picked out 1 warning sign for C.E.Management Integrated LaboratoryLtd that investors should take into consideration. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers.
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