Okuma Dividend
Dividend criteria checks 3/6
Okuma is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
32%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥640.82 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital
Jun 26Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks
May 27Calculating The Fair Value Of Okuma Corporation (TSE:6103)
Mar 29We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt
Mar 13Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6103's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6103's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Okuma Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6103) | 2.8% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Machinery) | 2.5% |
Analyst forecast in 3 Years (6103) | 3.8% |
Notable Dividend: 6103's dividend (2.76%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 6103's dividend (2.76%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), 6103's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6103 is paying a dividend but the company has no free cash flows.