Japan Steel Works Dividend
Dividend criteria checks 2/6
Japan Steel Works is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥239.46 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5631's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5631's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Japan Steel Works Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5631) | 1.5% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (5631) | 3.7% |
Notable Dividend: 5631's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 5631's dividend (1.53%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 5631's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5631 is paying a dividend but the company has no free cash flows.