Iwaki Dividends and Buybacks
Dividend criteria checks 2/6
Iwaki is a dividend paying company with a current yield of 2.38% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 2.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥66.000 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Iwaki (TSE:6237) Will Pay A Dividend Of ¥25.00
Sep 21
Iwaki's (TSE:6237) Dividend Will Be ¥25.00
Aug 29Iwaki (TSE:6237) Will Pay A Dividend Of ¥25.00
Aug 15Iwaki (TSE:6237) Is Due To Pay A Dividend Of ¥25.00
Jul 26Iwaki (TSE:6237) Has Announced A Dividend Of ¥25.00
Jul 12Recent updates
Iwaki (TSE:6237) Will Pay A Dividend Of ¥25.00
Sep 21Iwaki's (TSE:6237) Dividend Will Be ¥25.00
Aug 29Iwaki (TSE:6237) Will Pay A Dividend Of ¥25.00
Aug 15Benign Growth For Iwaki Co., Ltd. (TSE:6237) Underpins Stock's 27% Plummet
Aug 05Iwaki (TSE:6237) Is Due To Pay A Dividend Of ¥25.00
Jul 26Iwaki (TSE:6237) Has Announced A Dividend Of ¥25.00
Jul 12Iwaki Co., Ltd.'s (TSE:6237) Business Is Yet to Catch Up With Its Share Price
Jun 20Iwaki's (TSE:6237) Dividend Will Be Increased To ¥35.00
Feb 26Stability 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 9 years.
Dividend Yield vs Market
| Iwaki Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6237) | 2.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6237) (up to 3 years) | 2.6% |
Notable Dividend: 6237's dividend (2.38%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6237's dividend (2.38%) 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 (20.4%), 6237's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.9%), 6237's dividend payments are not well covered by cash flows.