Kato WorksLtd Dividend
Dividend criteria checks 4/6
Kato WorksLtd is a dividend paying company with a current yield of 5.72% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.7%
Dividend yield
23%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 11 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥70.000 |
Earnings per share | JP¥286.09 |
Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6390's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6390's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Kato WorksLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6390) | 5.7% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Machinery) | 2.7% |
Analyst forecast (6390) (up to 3 years) | n/a |
Notable Dividend: 6390's dividend (5.72%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6390's dividend (5.72%) is in the top 25% of dividend payers in the JP market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), 6390's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6390 is paying a dividend but the company has no free cash flows.