Taihei Machinery Works Dividend
Dividend criteria checks 4/6
Taihei Machinery Works is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Payout ratio | 13% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6342) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6342) (up to 3 years) | n/a |
Notable Dividend: 6342's dividend (3.33%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6342's dividend (3.33%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), 6342's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), 6342's dividend payments are thoroughly covered by cash flows.