Harmonic Drive Systems Dividends and Buybacks
Dividend criteria checks 2/6
Harmonic Drive Systems is a dividend paying company with a current yield of 1.08%. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -3.2% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | -4% |
Recent dividend and buyback updates
Recent updates
Harmonic Drive Systems Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Nov 15
Harmonic Drive Systems Inc. (TSE:6324) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Oct 27Is Harmonic Drive Systems (TSE:6324) Using Debt Sensibly?
Oct 07Revenues Tell The Story For Harmonic Drive Systems Inc. (TSE:6324)
Sep 06Investors Could Be Concerned With Harmonic Drive Systems' (TSE:6324) Returns On Capital
Jul 19We Think Harmonic Drive Systems (TSE:6324) Can Stay On Top Of Its Debt
May 25Harmonic Drive Systems' (TSE:6324) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 16Estimating The Intrinsic Value Of Harmonic Drive Systems Inc. (TSE:6324)
Mar 31Is Harmonic Drive Systems (TYO:6324) Using Debt Sensibly?
Apr 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6324's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6324's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Harmonic Drive Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6324) | 1.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6324) (up to 3 years) | 1.7% |
Notable Dividend: 6324's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6324's dividend (1.08%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: 6324 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.9%), 6324's dividend payments are covered by cash flows.