Marumae Dividend
Dividend criteria checks 2/6
Marumae is a dividend paying company with a current yield of 1.61%. Next payment date is on 25th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
1.6%
Dividend yield
n/a
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | -JP¥3.08 |
| Dividend yield forecast in 3Y | 2.2% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6264 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6264's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Marumae Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6264) | 1.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (6264) | 2.2% |
Notable Dividend: 6264's dividend (1.61%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6264's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 6264's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.9%), 6264's dividend payments are well covered by cash flows.