Hokuetsu Industries Dividend
Dividend criteria checks 4/6
Hokuetsu Industries is a dividend paying company with a current yield of 3% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
31%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥57.000 |
Earnings per share | JP¥185.51 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Hokuetsu 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 13Recent updates
Hokuetsu 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 27Upcoming Dividend Payment
Stability 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) | 3.0% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.6% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (6364) | 3.7% |
Notable Dividend: 6364's dividend (3%) is higher than the bottom 25% of dividend payers in the JP market (1.78%).
High Dividend: 6364's dividend (3%) is low compared to the top 25% of dividend payers in the JP market (3.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 6364's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89%), 6364's dividend payments are covered by cash flows.