Takatori Dividends and Buybacks
Dividend criteria checks 2/6
Takatori is a dividend paying company with a current yield of 2.12% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.4% |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Takatori's (TSE:6338) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 18
Takatori (TSE:6338) Is Very Good At Capital Allocation
Nov 12Sentiment Still Eluding Takatori Corporation (TSE:6338)
Jul 24Is Takatori (TSE:6338) A Risky Investment?
Apr 30Takatori (TSE:6338) Could Become A Multi-Bagger
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6338 has been paying a dividend for less than 10 years.
Growing Dividend: 6338's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Takatori Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6338) | 2.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6338) (up to 3 years) | n/a |
Notable Dividend: 6338's dividend (2.12%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 6338's dividend (2.12%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), 6338's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.2%), 6338's dividend payments are not well covered by cash flows.