Okamoto Machine Tool Works Dividends and Buybacks
Dividend criteria checks 3/6
Okamoto Machine Tool Works is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
-33.8%
Buyback Yield
| Total Shareholder Yield | -30.1% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 7.6% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥160.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Okamoto Machine Tool Works (TSE:6125) Posted Weak Earnings But There Is More To Worry About
Nov 21
Capital Allocation Trends At Okamoto Machine Tool Works (TSE:6125) Aren't Ideal
Oct 30Sentiment Still Eluding Okamoto Machine Tool Works, Ltd. (TSE:6125)
Sep 11Okamoto Machine Tool Works' (TSE:6125) Promising Earnings May Rest On Soft Foundations
May 22Is Okamoto Machine Tool Works (TSE:6125) A Risky Investment?
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6125's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6125's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Okamoto Machine Tool Works Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6125) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6125) (up to 3 years) | 3.7% |
Notable Dividend: 6125's dividend (3.7%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6125's dividend (3.7%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.5%), 6125's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6125 is paying a dividend but the company has no free cash flows.