DIP (TSE:2379) Has Announced A Dividend Of ¥47.00
DIP Corporation (TSE:2379) has announced a dividend of ¥47.00 per share, payable on November 18, yielding 3.9%. While the company has shown a capacity to cover dividends with earnings, its historical inconsistency raises concerns about future sustainability. Despite a projected EPS growth of 10.4%, the dividend's stability is uncertain, and past reductions warrant caution. Investors should consider other factors beyond dividends when evaluating DIP, as it may not be the best choice for income-focused portfolios.
Simplywall·