Three Days Left To Buy Anritsu Corporation (TSE:6754) Before The Ex-Dividend Date

Anritsu Corporation (TSE:6754) stock is about to trade ex-dividend in three days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Therefore, if you purchase Anritsu's shares on or after the 30th of March, you won't be eligible to receive the dividend, when it is paid on the 26th of June. The company's next dividend payment will be JP¥20.00 per share, on the back of last year when the company paid a total of JP¥40.00 to shareholders. Based on the last year's worth of payments, Anritsu has a trailing yield of 1.3% on the current stock price of JP¥2983.00. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Anritsu paid out a comfortable 48% of its profit last year. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Dividends consumed 54% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's positive to see that Anritsu's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. Check out our latest analysis for Anritsu Click here to see the company's payout ratio, plus analyst estimates of its future dividends. TSE:6754 Historic Dividend March 26th 2026 Have Earnings And Dividends Been Growing? Businesses with shrinking earnings are tricky from a dividend perspective. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That's why it's not ideal to see Anritsu's earnings per share have been shrinking at 3.0% a year over the previous five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Anritsu has delivered 5.2% dividend growth per year on average over the past 10 years. Final Takeaway Should investors buy Anritsu for the upcoming dividend? Its earnings per share have been declining meaningfully, although it is paying out less than half its income and more than half its cash flow as dividends. Neither payout ratio appears an immediate concern, but we're concerned about the earnings. To summarise, Anritsu looks okay on this analysis, although it doesn't appear a stand-out opportunity. However if you're still interested in Anritsu as a potential investment, you should definitely consider some of the risks involved with Anritsu. Case in point: We've spotted 1 warning sign for Anritsu you should be aware of. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for Free