Max Dividend
Dividend criteria checks 5/6
Max is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.3%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥108.000 |
| Payout ratio | 46% |
Recent dividend updates
Max's (TSE:6454) Dividend Will Be Increased To ¥98.00
Mar 22
Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00
Feb 27Recent updates
Max (TSE:6454) Is Doing The Right Things To Multiply Its Share Price
Oct 03There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) Price
Jul 24Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To Continue
Jun 14Max (TSE:6454) Has A Rock Solid Balance Sheet
May 22Max's (TSE:6454) Dividend Will Be Increased To ¥98.00
Mar 22Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6454's dividends per share have been stable in the past 10 years.
Growing Dividend: 6454's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Max Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6454) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6454) (up to 3 years) | 3.8% |
Notable Dividend: 6454's dividend (3.25%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6454's dividend (3.25%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 6454's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), 6454's dividend payments are covered by cash flows.