Meiji Machine Dividends and Buybacks
Dividend criteria checks 2/6
Meiji Machine is a dividend paying company with a current yield of 1.23% that is well covered by earnings. Next payment date is on 30th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
1.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.9% |
| Next dividend pay date | 30 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥4.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6334 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6334's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Meiji Machine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6334) | 1.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6334) (up to 3 years) | n/a |
Notable Dividend: 6334's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6334's dividend (1.23%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 6334's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), 6334's dividend payments are thoroughly covered by cash flows.