Estic Dividend
Dividend criteria checks 2/6
Estic is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
20%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥113.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6161 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6161's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Estic Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6161) | 2.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6161) | n/a |
Notable Dividend: 6161's dividend (2.57%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6161's dividend (2.57%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 6161's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6161 is paying a dividend but the company has no free cash flows.