DTS' (TSE:9682) Dividend Will Be Increased To ¥60.00
DTS Corporation (TSE:9682) has announced an increase in its dividend to ¥60.00, payable on June 26, yielding 2.6%, above the industry average. The dividend is well-covered by cash flow and earnings, with an estimated payout ratio of 57% for the next year, indicating sustainability. Despite a strong historical growth rate of 20% CAGR over the past decade, past cuts raise caution about future growth, as earnings per share have only grown by 4.4% annually in the last five years. Overall, the raised dividend is a positive sign, but investors should consider other factors before investing.
Simplywall·