Musashi Seimitsu Industry Dividend
Dividend criteria checks 4/6
Musashi Seimitsu Industry is a dividend paying company with a current yield of 2.63% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.294 |
| Earnings per share | €138.62 |
| Future Dividend Yield | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 67X's dividend payments have been volatile in the past 10 years.
Growing Dividend: 67X's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Musashi Seimitsu Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (67X) | 2.6% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Auto Components) | 2.6% |
| Analyst forecast (67X) (up to 3 years) | 4.0% |
Notable Dividend: 67X's dividend (2.63%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 67X's dividend (2.63%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 67X's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.6%), 67X's dividend payments are well covered by cash flows.