Teikoku Electric Mfg.Co.Ltd Dividend
Dividend criteria checks 3/6
Teikoku Electric Mfg.Co.Ltd is a dividend paying company with a current yield of 2.93% that is well covered by earnings.
Key information
2.9%
Dividend yield
54%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | JP¥82.000 |
Earnings per share | JP¥173.72 |
Dividend yield forecast | 4.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6333's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6333's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Teikoku Electric Mfg.Co.Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6333) | 2.9% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Machinery) | 2.6% |
Analyst forecast (6333) (up to 3 years) | 4.6% |
Notable Dividend: 6333's dividend (2.93%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6333's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), 6333's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.8%), 6333's dividend payments are not well covered by cash flows.