Iwaki Dividend
Dividend criteria checks 3/6
Iwaki is a dividend paying company with a current yield of 2.01% 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
2.0%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥58.000 |
| Earnings per share | JP¥201.14 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Iwaki (TSE:6237) Is Due To Pay A Dividend Of ¥25.00
Jul 26
Iwaki (TSE:6237) Has Announced A Dividend Of ¥25.00
Jul 12Iwaki's (TSE:6237) Dividend Will Be Increased To ¥35.00
Feb 26Recent updates
Benign 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 26Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6237) | 2.0% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.8% |
| Analyst forecast in 3 Years (6237) | 2.5% |
Notable Dividend: 6237's dividend (2.01%) is higher than the bottom 25% of dividend payers in the JP market (1.88%).
High Dividend: 6237's dividend (2.01%) is low compared to the top 25% of dividend payers in the JP market (3.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), 6237's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.5%), 6237's dividend payments are covered by cash flows.