Meiko ConstructionLtd Dividends and Buybacks
Dividend criteria checks 5/6
Meiko ConstructionLtd is a dividend paying company with a current yield of 3.07% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.3% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥37.000 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1869's dividends per share have been stable in the past 10 years.
Growing Dividend: 1869's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meiko ConstructionLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1869) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast (1869) (up to 3 years) | n/a |
Notable Dividend: 1869's dividend (3.07%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 1869's dividend (3.07%) 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 (10.6%), 1869's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), 1869's dividend payments are well covered by cash flows.