Marumae Dividend
Dividend criteria checks 1/6
Marumae is a dividend paying company with a current yield of 1.68%. Next payment date is on 25th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
1.7%
Dividend yield
242%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 25 Nov 24 |
Ex dividend date | 29 Aug 24 |
Dividend per share | JP¥30.000 |
Earnings per share | JP¥11.56 |
Dividend yield forecast in 3Y | 1.7% |
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 |
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Segment | Dividend Yield |
---|---|
Company (6264) | 1.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Machinery) | 2.5% |
Analyst forecast in 3 Years (6264) | 1.7% |
Notable Dividend: 6264's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.7%).
High Dividend: 6264's dividend (1.68%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (242%), 6264's dividend payments are not well 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.