G-Tekt Dividends and Buybacks
Dividend criteria checks 6/6
G-Tekt is a dividend paying company with a current yield of 4.46% 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
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.6% |
| Dividend Growth | 10.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥70.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5970's dividends per share have been stable in the past 10 years.
Growing Dividend: 5970's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| G-Tekt Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5970) | 4.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (5970) (up to 3 years) | 8.6% |
Notable Dividend: 5970's dividend (4.46%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5970's dividend (4.46%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.5%), 5970's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.4%), 5970's dividend payments are covered by cash flows.