Takigami Steel Construction Dividend
Dividend criteria checks 3/6
Takigami Steel Construction is a dividend paying company with a current yield of 1.25% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.2%
Dividend yield
21%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥448.69 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5918's dividends per share have been stable in the past 10 years.
Growing Dividend: 5918's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Takigami Steel Construction Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5918) | 1.2% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast in 3 Years (5918) | n/a |
Notable Dividend: 5918's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 5918's dividend (1.25%) is low compared to the top 25% of dividend payers in the JP market (3.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.7%), 5918's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5918 is paying a dividend but the company has no free cash flows.