Why You Might Be Interested In Hakuten Corporation (TSE:2173) For Its Upcoming Dividend
Hakuten Corporation (TSE:2173) is set to go ex-dividend in 3 days, with a dividend payment of JP¥10.00 per share on August 26. The company has a trailing yield of 3.8% based on its current share price of JP¥522.00. Hakuten paid out 29% of its profit and 34% of its free cash flow as dividends last year, indicating a sustainable dividend. The company has seen rapid earnings growth of 60% annually over the past five years and has increased its dividend by approximately 19% per year over the last decade. However, investors should be aware of potential risks before investing.
Simplywall·
