Giken Dividend
Dividend criteria checks 4/6
Giken is a dividend paying company with a current yield of 2.05% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.1%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥49.35 |
| Dividend yield forecast in 3Y | 2.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6289's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6289's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Giken Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6289) | 2.1% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast in 3 Years (6289) | 2.5% |
Notable Dividend: 6289's dividend (2.05%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 6289's dividend (2.05%) is low compared to the top 25% of dividend payers in the JP market (3.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.1%), 6289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.7%), 6289's dividend payments are covered by cash flows.