Suzuden's (TSE:7480) Dividend Will Be Reduced To ¥36.00
Suzuden Corporation (TSE:7480) will reduce its dividend to ¥36.00 on December 8, down from last year's payment. Despite this cut, the dividend yield remains at 4.7%. The company has been paying out 85% of earnings but only 41% of free cash flows, allowing for reinvestment. EPS is projected to grow by 8.5% over the next year, but the payout ratio may reach 88%. Historically, the dividend has fluctuated, raising concerns for income-focused investors. Overall, while short-term reliability is possible, long-term growth prospects appear limited.
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