Taihei Machinery Works Dividends and Buybacks
Dividend criteria checks 4/6
Taihei Machinery Works is a dividend paying company with a current yield of 4.58% 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
4.6%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥125.000 |
| Payout ratio | 8% |
Recent dividend and buyback 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) | 4.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6342) (up to 3 years) | n/a |
Notable Dividend: 6342's dividend (4.58%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 6342's dividend (4.58%) is in the top 25% of dividend payers in the JP market (3.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.2%), 6342's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.9%), 6342's dividend payments are not well covered by cash flows.