ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00
ALCONIX Corporation (TSE:3036) will pay a dividend of ¥42.00 per share on November 26, yielding 4.2%. Despite a 37% stock price increase over the last three months, concerns about the sustainability of the dividend arise due to low cash flow relative to earnings. The estimated payout ratio is 57%, suggesting moderate sustainability. Historically, ALCONIX has had a mixed dividend track record with past cuts, and future growth is expected to be modest at 2.3% annually. Investors should consider other factors beyond dividends when evaluating the company.
Simplywall·
