Iwaki Dividend
Dividend criteria checks 3/6
Iwaki is a dividend paying company with a current yield of 2.16% that is well covered by earnings.
Key information
2.2%
Dividend yield
30%
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¥180.80 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6237 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6237's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Iwaki Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6237) | 2.2% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6237) | 2.5% |
Notable Dividend: 6237's dividend (2.16%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6237's dividend (2.16%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 6237's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.9%), 6237's dividend payments are covered by cash flows.