Tsurumi ManufacturingLtd Dividend
Dividend criteria checks 4/6
Tsurumi ManufacturingLtd is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
13%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥309.44 |
Dividend yield forecast in 3Y | 1.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6351's dividends per share have been stable in the past 10 years.
Growing Dividend: 6351's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsurumi ManufacturingLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6351) | 1.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6351) | 1.2% |
Notable Dividend: 6351's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6351's dividend (1.12%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.9%), 6351's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), 6351's dividend payments are covered by cash flows.