Union Tool Dividend
Dividend criteria checks 3/6
Union Tool is a dividend paying company with a current yield of 1.88% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.9%
Dividend yield
46%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥178.12 |
Dividend yield forecast in 3Y | 2.0% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6278's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6278's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Union Tool Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6278) | 1.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6278) | 2.0% |
Notable Dividend: 6278's dividend (1.88%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6278's dividend (1.88%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.2%), 6278's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (636.5%), 6278's dividend payments are not well covered by cash flows.