Iwabuchi Corporation (TSE:5983) Will Pay A JP¥155.00 Dividend In Four Days
Iwabuchi Corporation (TSE:5983) will go ex-dividend in four days, with a dividend payment of JP¥155.00 per share on December 2. Last year, the company distributed JP¥250, yielding around 2.4% based on the current share price of JP¥10,220. However, Iwabuchi paid out 157% of its free cash flow as dividends, raising concerns about sustainability. While earnings per share have grown 4.5% annually over the last five years, the high cash payout ratio is a warning sign for investors. Overall, the dividend outlook for Iwabuchi appears mediocre.
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