Tanabe Engineering Dividend
Dividend criteria checks 5/6
Tanabe Engineering is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
28%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥181.04 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1828's dividends per share have been stable in the past 10 years.
Growing Dividend: 1828's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tanabe Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1828) | 3.4% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast in 3 Years (1828) | n/a |
Notable Dividend: 1828's dividend (3.4%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 1828's dividend (3.4%) is in the top 25% of dividend payers in the JP market (3.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), 1828's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1828 is paying a dividend but the company has no free cash flows.