Shibaura MachineLtd Dividend
Dividend criteria checks 5/6
Shibaura MachineLtd is a dividend paying company with a current yield of 3.76% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
19%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥140.000 |
| Earnings per share | JP¥759.14 |
| Future Dividend Yield | 4.6% |
Recent dividend updates
Shibaura MachineLtd (TSE:6104) Is Paying Out A Dividend Of ¥70.00
Sep 25
Shibaura MachineLtd (TSE:6104) Has Affirmed Its Dividend Of ¥70.00
Aug 08Shibaura MachineLtd (TSE:6104) Will Pay A Dividend Of ¥70.00
Jul 25Shibaura MachineLtd (TSE:6104) Is Paying Out A Dividend Of ¥70.00
Jul 11Recent updates
Shibaura MachineLtd (TSE:6104) Is Paying Out A Dividend Of ¥70.00
Sep 25Shibaura MachineLtd (TSE:6104) Has Affirmed Its Dividend Of ¥70.00
Aug 08Shibaura MachineLtd (TSE:6104) Will Pay A Dividend Of ¥70.00
Jul 25Shibaura MachineLtd (TSE:6104) Is Paying Out A Dividend Of ¥70.00
Jul 11Impressive Earnings May Not Tell The Whole Story For Shibaura MachineLtd (TSE:6104)
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6104's dividends per share have been stable in the past 10 years.
Growing Dividend: 6104's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shibaura MachineLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6104) | 3.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6104) (up to 3 years) | 4.6% |
Notable Dividend: 6104's dividend (3.76%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 6104's dividend (3.76%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), 6104's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), 6104's dividend payments are covered by cash flows.