Daido Metal Dividend
Dividend criteria checks 3/6
Daido Metal is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
60%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥23.29 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend 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 fallen over the past 10 years.
Dividend Yield vs Market
Daido Metal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7245) | 1.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast in 3 Years (7245) | 2.4% |
Notable Dividend: 7245's dividend (1.61%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 7245's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), 7245's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), 7245's dividend payments are thoroughly covered by cash flows.