Precision Tsugami (China) Dividends and Buybacks
Dividend criteria checks 3/6
Precision Tsugami (China) is a dividend paying company with a current yield of 7.58% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 5th December, 2024.
Key information
7.6%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 18.3% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | HK$0.900 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Precision Tsugami (China) (HKG:1651) Will Pay A Dividend Of CN¥0.40
Aug 16
Precision Tsugami (China)'s (HKG:1651) Dividend Will Be CN¥0.40
Jul 17Precision Tsugami (China) (HKG:1651) Has Affirmed Its Dividend Of CN¥0.40
Jun 29Recent updates
Precision Tsugami (China) (HKG:1651) Will Pay A Dividend Of CN¥0.40
Aug 16Here's Why We Think Precision Tsugami (China) Corporation Limited's (HKG:1651) CEO Compensation Looks Fair for the time being
Aug 12Precision Tsugami (China)'s (HKG:1651) Dividend Will Be CN¥0.40
Jul 17Need To Know: Analysts Are Much More Bullish On Precision Tsugami (China) Corporation Limited (HKG:1651)
Jul 01Precision Tsugami (China) (HKG:1651) Has Affirmed Its Dividend Of CN¥0.40
Jun 29Precision Tsugami (China) (HKG:1651) Has Announced A Dividend Of CN¥0.40
Nov 27Precision Tsugami (China)'s (HKG:1651) Dividend Will Be CN¥0.40
Nov 13Precision Tsugami (China) (HKG:1651) Is Paying Out A Dividend Of CN¥0.40
Aug 20Precision Tsugami (China) (HKG:1651) Is Due To Pay A Dividend Of CN¥0.40
Jul 23Precision Tsugami (China) (HKG:1651) Is Due To Pay A Dividend Of CN¥0.40
Jul 03Precision Tsugami (China) Corporation Limited (HKG:1651) Analysts Are Reducing Their Forecasts For This Year
Nov 11The Trend Of High Returns At Precision Tsugami (China) (HKG:1651) Has Us Very Interested
Aug 23Precision Tsugami (China) (HKG:1651) Is Paying Out A Larger Dividend Than Last Year
Jul 17We Ran A Stock Scan For Earnings Growth And Precision Tsugami (China) (HKG:1651) Passed With Ease
Jun 29We Like Precision Tsugami (China)'s (HKG:1651) Returns And Here's How They're Trending
Mar 15Returns On Capital Are A Standout For Precision Tsugami (China) (HKG:1651)
Oct 27Is Now An Opportune Moment To Examine Precision Tsugami (China) Corporation Limited (HKG:1651)?
Oct 06Precision Tsugami (China) (HKG:1651) Has Announced That It Will Be Increasing Its Dividend To HK$0.25
Aug 17Precision Tsugami (China) Corporation Limited's (HKG:1651) CEO Looks Due For A Compensation Raise
Aug 09Precision Tsugami (China) (HKG:1651) Is Paying Out A Larger Dividend Than Last Year
Jul 16Be Wary Of Precision Tsugami (China) (HKG:1651) And Its Returns On Capital
Jun 10Is It Time To Consider Buying Precision Tsugami (China) Corporation Limited (HKG:1651)?
Apr 28How Does Precision Tsugami (China) Corporation Limited (HKG:1651) Fare As A Dividend Stock?
Mar 28Has Precision Tsugami (China) (HKG:1651) Got What It Takes To Become A Multi-Bagger?
Mar 05Estimating The Intrinsic Value Of Precision Tsugami (China) Corporation Limited (HKG:1651)
Feb 18Are Robust Financials Driving The Recent Rally In Precision Tsugami (China) Corporation Limited's (HKG:1651) Stock?
Feb 05Is It Time To Consider Buying Precision Tsugami (China) Corporation Limited (HKG:1651)?
Jan 23
Reflecting on Precision Tsugami (China)'s (HKG:1651) Share Price Returns Over The Last Three Years
Jan 10Here's What You Should Know About Precision Tsugami (China) Corporation Limited's (HKG:1651) 4.0% Dividend Yield
Dec 28The Trends At Precision Tsugami (China) (HKG:1651) That You Should Know About
Nov 30Key Things To Understand About Precision Tsugami (China)'s (HKG:1651) CEO Pay Cheque
Nov 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1651 has been paying a dividend for less than 10 years.
Growing Dividend: 1651's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Precision Tsugami (China) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1651) | 7.6% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Machinery) | 3.9% |
| Analyst forecast (1651) (up to 3 years) | 7.0% |
Notable Dividend: 1651's dividend (7.58%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 1651's dividend (7.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 1651's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.1%), 1651's dividend payments are covered by cash flows.