Hokuetsu Industries Dividends and Buybacks
Dividend criteria checks 3/6
Hokuetsu Industries is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -1.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥57.000 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 24
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 02Hokuetsu Industries (TSE:6364) Has Affirmed Its Dividend Of ¥20.00
Aug 19Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Jul 26Recent updates
Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 24Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Sep 02Hokuetsu Industries (TSE:6364) Has Affirmed Its Dividend Of ¥20.00
Aug 19Slammed 30% Hokuetsu Industries Co., Ltd. (TSE:6364) Screens Well Here But There Might Be A Catch
Aug 05Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Jul 26Hokuetsu Industries (TSE:6364) Is Due To Pay A Dividend Of ¥20.00
Jul 11Hokuetsu Industries' (TSE:6364) Dividend Will Be ¥20.00
Mar 27Hokuetsu Industries (TSE:6364) Will Pay A Dividend Of ¥20.00
Mar 13Hokuetsu Industries (TSE:6364) Will Pay A Dividend Of ¥20.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6364's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6364's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hokuetsu Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6364) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6364) (up to 3 years) | 4.4% |
Notable Dividend: 6364's dividend (3.33%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6364's dividend (3.33%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 6364's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (15660.7%), 6364's dividend payments are not well covered by cash flows.