Harmonic Drive Systems Dividends and Buybacks
Dividend criteria checks 2/6
Harmonic Drive Systems is a dividend paying company with a current yield of 1.06%. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.122 |
| Payout ratio | -4% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: K3R's dividend payments have been volatile in the past 10 years.
Growing Dividend: K3R's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Harmonic Drive Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (K3R) | 1.1% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (K3R) (up to 3 years) | 1.7% |
Notable Dividend: K3R's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: K3R's dividend (1.06%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: K3R is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.9%), K3R's dividend payments are covered by cash flows.