Innotech (TSE:9880) Will Pay A Dividend Of ¥35.00
Innotech Corporation (TSE:9880) will pay a dividend of ¥35.00 on June 26, yielding 5.1%. While the company has a solid track record of stable dividend payments, concerns arise as it pays out 99% of free cash flows, indicating potential vulnerability to future cuts. Projected earnings per share may rise by 13.6% next year, potentially allowing a sustainable payout ratio of 65%. Despite impressive growth in dividends, caution is advised due to cash flow issues, suggesting investors may want to consider other income investments.
Simplywall·