Taihei Machinery Works Dividend
Dividend criteria checks 5/6
Taihei Machinery Works is a dividend paying company with a current yield of 4.72% that is well covered by earnings.
Key information
4.7%
Dividend yield
17%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥751.87 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6342's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6342's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Taihei Machinery Works Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6342) | 4.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Machinery) | 2.2% |
Analyst forecast in 3 Years (6342) | n/a |
Notable Dividend: 6342's dividend (4.72%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 6342's dividend (4.72%) is in the top 25% of dividend payers in the JP market (3.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), 6342's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.8%), 6342's dividend payments are thoroughly covered by cash flows.