Japan Steel Works Dividend
Dividend criteria checks 3/6
Japan Steel Works is a dividend paying company with a current yield of 1.68% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥74.000 |
| Earnings per share | JP¥209.89 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Japan Steel Works' (TSE:5631) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 06
Japan Steel Works (TSE:5631) Will Pay A Dividend Of ¥29.00
Mar 13Recent updates
Japan Steel Works' (TSE:5631) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 06What You Can Learn From The Japan Steel Works, Ltd.'s (TSE:5631) P/E After Its 35% Share Price Crash
Aug 05Japan Steel Works (TSE:5631) Could Be Struggling To Allocate Capital
Jun 07The Japan Steel Works, Ltd. (TSE:5631) Looks Just Right With A 26% Price Jump
May 21These 4 Measures Indicate That Japan Steel Works (TSE:5631) Is Using Debt Reasonably Well
Apr 13Japan Steel Works (TSE:5631) Will Pay A Dividend Of ¥29.00
Mar 13The Japan Steel Works, Ltd. (TSE:5631) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 06Upcoming Dividend Payment
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) | 1.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast in 3 Years (5631) | 2.4% |
Notable Dividend: 5631's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5631's dividend (1.68%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 5631's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 5631's dividend payments are well covered by cash flows.