Daido Metal Dividends and Buybacks
Dividend criteria checks 4/6
Daido Metal is a dividend paying company with a current yield of 3.11% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 3.9% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥15.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7245's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7245's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Daido Metal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7245) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (7245) (up to 3 years) | 5.0% |
Notable Dividend: 7245's dividend (3.11%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 7245's dividend (3.11%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 7245's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.8%), 7245's dividend payments are thoroughly covered by cash flows.