Kato WorksLtd Dividend
Dividend criteria checks 4/6
Kato WorksLtd is a dividend paying company with a current yield of 7.1% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
7.1%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Earnings per share | JP¥286.09 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6390's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6390's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kato WorksLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6390) | 7.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast in 3 Years (6390) | n/a |
Notable Dividend: 6390's dividend (7.1%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6390's dividend (7.1%) is in the top 25% of dividend payers in the JP market (3.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), 6390's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6390 is paying a dividend but the company has no free cash flows.