Yamashin-Filter Dividend
Dividend criteria checks 3/6
Yamashin-Filter is a dividend paying company with a current yield of 2.4% 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
58%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥10.000 |
| Earnings per share | JP¥11.13 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Yamashin-Filter Corp. (TSE:6240) Looks Just Right With A 32% Price Jump
Jul 16
Yamashin-Filter's (TSE:6240) Dividend Will Be Increased To ¥5.00
Jul 12These Return Metrics Don't Make Yamashin-Filter (TSE:6240) Look Too Strong
Jun 21We Like The Quality Of Yamashin-Filter's (TSE:6240) Earnings
May 22Yamashin-Filter Corp. (TSE:6240) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Mar 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6240 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6240's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Yamashin-Filter Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6240) | 2.4% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Machinery) | 2.6% |
| Analyst forecast in 3 Years (6240) | 2.4% |
Notable Dividend: 6240's dividend (2.4%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 6240's dividend (2.4%) is low compared to the top 25% of dividend payers in the JP market (3.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.4%), 6240's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), 6240's dividend payments are well covered by cash flows.