Kitagawa Dividends and Buybacks
Dividend criteria checks 5/6
Kitagawa is a dividend paying company with a current yield of 4.14% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
0.009%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6317's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6317's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kitagawa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6317) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6317) (up to 3 years) | n/a |
Notable Dividend: 6317's dividend (4.14%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6317's dividend (4.14%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), 6317's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.9%), 6317's dividend payments are thoroughly covered by cash flows.