Tanaka Seimitsu Kogyo Dividends and Buybacks
Dividend criteria checks 4/6
Tanaka Seimitsu Kogyo is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.9% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥26.000 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
We Think Tanaka Seimitsu Kogyo's (TSE:7218) Robust Earnings Are Conservative
May 21
We Think Tanaka Seimitsu Kogyo (TSE:7218) Can Manage Its Debt With Ease
Apr 19Tanaka Seimitsu Kogyo Co., Ltd. (TSE:7218) Stock Rockets 33% But Many Are Still Ignoring The Company
Feb 29We Think Tanaka Seimitsu Kogyo (TYO:7218) Has A Fair Chunk Of Debt
Mar 24Tanaka Seimitsu Kogyo's (TYO:7218) Shareholders Are Down 36% On Their Shares
Jan 29Is Tanaka Seimitsu Kogyo (TYO:7218) Weighed On By Its Debt Load?
Dec 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7218's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7218's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tanaka Seimitsu Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7218) | 2.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (7218) (up to 3 years) | n/a |
Notable Dividend: 7218's dividend (2.71%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7218's dividend (2.71%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6%), 7218's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.3%), 7218's dividend payments are thoroughly covered by cash flows.