Espec (TSE:6859) Is Due To Pay A Dividend Of ¥45.00
Espec Corp. (TSE:6859) will pay a dividend of ¥45.00 on December 10, yielding 3.6%. The stock price has risen 49% in the last three months, impacting the dividend yield. Despite a high cash payout ratio of 111%, earnings per share are expected to grow by 8.1% next year, potentially lowering the payout ratio to 39%. The company's dividend history shows instability, with a growth rate of 16% per annum since 2015. While the dividend is currently being raised, caution is advised for income-focused investors due to cash flow concerns.
Simplywall·