Union Tool Dividend
Dividend criteria checks 2/6
Union Tool is a dividend paying company with a current yield of 1.42% that is well covered by earnings.
Key information
1.4%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥203.30 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Union Tool (TSE:6278) Has Affirmed Its Dividend Of ¥42.00
May 22
Union Tool (TSE:6278) Is Due To Pay A Dividend Of ¥42.00
Apr 25Union Tool (TSE:6278) Will Pay A Dividend Of ¥42.00
Apr 11Recent updates
News Flash: Analysts Just Made A Notable Upgrade To Their Union Tool Co. (TSE:6278) Forecasts
May 29Union Tool Co. (TSE:6278) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 23Union Tool (TSE:6278) Has Affirmed Its Dividend Of ¥42.00
May 22Union Tool (TSE:6278) Is Due To Pay A Dividend Of ¥42.00
Apr 25Union Tool (TSE:6278) Will Pay A Dividend Of ¥42.00
Apr 11Investors Appear Satisfied With Union Tool Co.'s (TSE:6278) Prospects As Shares Rocket 28%
Mar 07Stability 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) | 1.4% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast in 3 Years (6278) | 1.5% |
Notable Dividend: 6278's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 6278's dividend (1.42%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), 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.