Tsugami Dividend
Dividend criteria checks 5/6
Tsugami is a dividend paying company with a current yield of 3.28% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
34%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥48.000 |
Earnings per share | JP¥142.84 |
Dividend yield forecast in 3Y | 3.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6101's dividends per share have been stable in the past 10 years.
Growing Dividend: 6101's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsugami Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6101) | 3.3% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (6101) | 3.3% |
Notable Dividend: 6101's dividend (3.28%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6101's dividend (3.28%) 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 (33.7%), 6101's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 6101's dividend payments are well covered by cash flows.