Shikoku Electric Power Company's (TSE:9507) Dividend Will Be ¥25.00

Shikoku Electric Power Company, Incorporated (TSE:9507) will pay a dividend of ¥25.00 on the 29th of June. This will take the dividend yield to an attractive 3.2%, providing a nice boost to shareholder returns.Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Shikoku Electric Power Company's Future Dividend Projections Appear Well Covered By Earnings Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before making this announcement, Shikoku Electric Power Company was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Over the next year, EPS is forecast to fall by 14.4%. If the dividend continues along recent trends, we estimate the payout ratio could be 16%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future. TSE:9507 Historic Dividend January 30th 2026 Check out our latest analysis for Shikoku Electric Power Company Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2016, the annual payment back then was ¥20.00, compared to the most recent full-year payment of ¥50.00. This implies that the company grew its distributions at a yearly rate of about 9.6% over that duration. We have seen cuts in the past, so while the growth looks promising we would be a little bit cautious about its track record. The Dividend Looks Likely To Grow Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. We are encouraged to see that Shikoku Electric Power Company has grown earnings per share at 64% per year over the past five years. Earnings per share is growing at a solid clip, and the payout ratio is low which we think is an ideal combination in a dividend stock as the company can quite easily raise the dividend in the future. We Really Like Shikoku Electric Power Company's Dividend In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. The earnings easily cover the company's distributions, and the company is generating plenty of cash. However, it is worth noting that the earnings are expected to fall over the next year, which may not change the long term outlook, but could affect the dividend payment in the next 12 months. All of these factors considered, we think this has solid potential as a dividend stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. For example, we've identified 3 warning signs for Shikoku Electric Power Company (2 are a bit unpleasant!) that you should be aware of before investing. Is Shikoku Electric Power Company not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks.