Teikoku Electric Mfg.Co.Ltd Dividends and Buybacks
Dividend criteria checks 4/6
Teikoku Electric Mfg.Co.Ltd is a dividend paying company with a current yield of 2.99% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
3.3%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 13.7% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥82.000 |
| Payout ratio | 62% |
Recent dividend and buyback updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6333) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6333) (up to 3 years) | 4.7% |
Notable Dividend: 6333's dividend (2.99%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6333's dividend (2.99%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), 6333's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 6333's dividend payments are covered by cash flows.