There's A Lot To Like About Univance's (TSE:7254) Upcoming JP¥6.00 Dividend

Univance Corporation (TSE:7254) is set to trade ex-dividend in three days, with a dividend payment of JP¥6.00 per share on June 27. The company has a trailing yield of 3.4% based on a share price of JP¥410.00. Univance paid out only 6.7% of its profit and 3.2% of its free cash flow last year, indicating a sustainable dividend. Earnings per share have grown 15% annually over the past five years, and dividends have increased at an average rate of 4.5% over the last decade. Investors should consider potential risks before investing.