Okuma Dividend

Dividend criteria checks 3/6

Okuma is a dividend paying company with a current yield of 3.31% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.

Key information

3.3%

Dividend yield

36%

Payout ratio

Industry average yield2.7%
Next dividend pay date27 Nov 24
Ex dividend date27 Sep 24
Dividend per shareJP¥200.000
Earnings per shareJP¥567.52
Dividend yield forecast in 3Y4.5%

Recent dividend updates

Recent updates

Okuma (TSE:6103) Is Due To Pay A Dividend Of ¥100.00

Aug 29
Okuma (TSE:6103) Is Due To Pay A Dividend Of ¥100.00

Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?

Aug 25
Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?

Okuma (TSE:6103) Will Pay A Dividend Of ¥100.00

Aug 10
Okuma (TSE:6103) Will Pay A Dividend Of ¥100.00

Earnings Miss: Okuma Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts

Aug 08
Earnings Miss: Okuma Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts

Why Investors Shouldn't Be Surprised By Okuma Corporation's (TSE:6103) 28% Share Price Plunge

Aug 06
Why Investors Shouldn't Be Surprised By Okuma Corporation's (TSE:6103) 28% Share Price Plunge

Okuma (TSE:6103) Is Paying Out A Dividend Of ¥100.00

Jul 26
Okuma (TSE:6103) Is Paying Out A Dividend Of ¥100.00

Is Okuma Corporation (TSE:6103) Worth JP¥7.5k Based On Its Intrinsic Value?

Jul 25
Is Okuma Corporation (TSE:6103) Worth JP¥7.5k Based On Its Intrinsic Value?

Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

Jul 11
Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital

Jun 26
There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital

Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks

May 27
Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks

Calculating The Fair Value Of Okuma Corporation (TSE:6103)

Mar 29
Calculating The Fair Value Of Okuma Corporation (TSE:6103)

We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Mar 13
We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00

Feb 27
Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00

Upcoming Dividend Payment

TodayAug 29 2024Ex Dividend DateSep 27 2024Dividend Pay DateNov 27 202461 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Stability 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
How does 6103 dividend yield compare to the market?
SegmentDividend Yield
Company (6103)3.3%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.7%
Industry Average (Machinery)2.7%
Analyst forecast in 3 Years (6103)4.5%

Notable Dividend: 6103's dividend (3.31%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).

High Dividend: 6103's dividend (3.31%) is low compared to the top 25% of dividend payers in the JP market (3.71%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.7%), 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.


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