Shibaura MachineLtd Dividends and Buybacks
Dividend criteria checks 5/6
Shibaura MachineLtd is a dividend paying company with a current yield of 3.64% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.6%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 5.3% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.856 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOA's dividends per share have been stable in the past 10 years.
Growing Dividend: TOA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shibaura MachineLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOA) | 3.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (TOA) (up to 3 years) | 4.4% |
Notable Dividend: TOA's dividend (3.64%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TOA's dividend (3.64%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), TOA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), TOA's dividend payments are well covered by cash flows.