Tsubakimoto Chain Dividends and Buybacks
Dividend criteria checks 6/6
Tsubakimoto Chain is a dividend paying company with a current yield of 4.2% 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
4.2%
Dividend yield
5.4%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 7.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Tsubakimoto Chain (TSE:6371) Will Pay A Dividend Of ¥99.00
Aug 16
Tsubakimoto Chain (TSE:6371) Is Due To Pay A Dividend Of ¥99.00
Jul 26Tsubakimoto Chain (TSE:6371) Has Announced A Dividend Of ¥99.00
Jul 11Recent updates
Tsubakimoto Chain's (TSE:6371) Earnings Are Of Questionable Quality
Nov 21Tsubakimoto Chain (TSE:6371) Will Pay A Dividend Of ¥99.00
Aug 16Tsubakimoto Chain (TSE:6371) Is Due To Pay A Dividend Of ¥99.00
Jul 26Tsubakimoto Chain (TSE:6371) Has Announced A Dividend Of ¥99.00
Jul 11Tsubakimoto Chain Co.'s (TSE:6371) Intrinsic Value Is Potentially 48% Above Its Share Price
Jun 18There May Be Underlying Issues With The Quality Of Tsubakimoto Chain's (TSE:6371) Earnings
May 22Tsubakimoto Chain Co.'s (TSE:6371) Share Price Could Signal Some Risk
Apr 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6371's dividends per share have been stable in the past 10 years.
Growing Dividend: 6371's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tsubakimoto Chain Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6371) | 4.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6371) (up to 3 years) | 4.5% |
Notable Dividend: 6371's dividend (4.2%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6371's dividend (4.2%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 6371's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.9%), 6371's dividend payments are well covered by cash flows.