THK Dividends and Buybacks
Dividend criteria checks 2/6
THK is a dividend paying company with a current yield of 1.26% that is well covered by earnings. Next payment date is on 18th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
1.3%
Dividend yield
0.0007%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 18 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥46.000 |
| Payout ratio | 31% |
Recent dividend and buyback updates
THK (TSE:6481) Has Announced That Its Dividend Will Be Reduced To ¥11.00
Jun 17
THK (TSE:6481) Will Pay A Smaller Dividend Than Last Year
May 05Recent updates
A Look At The Intrinsic Value Of THK Co., Ltd. (TSE:6481)
Dec 10Earnings Report: THK Co., Ltd. Missed Revenue Estimates By 7.1%
Nov 17Market Participants Recognise THK Co., Ltd.'s (TSE:6481) Earnings Pushing Shares 34% Higher
Nov 14We Think THK (TSE:6481) Can Stay On Top Of Its Debt
Oct 29Is THK Co., Ltd. (TSE:6481) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 04THK Co., Ltd.'s (TSE:6481) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Aug 06THK (TSE:6481) May Have Issues Allocating Its Capital
Jul 12THK (TSE:6481) Has Announced That Its Dividend Will Be Reduced To ¥11.00
Jun 17Analyst Estimates: Here's What Brokers Think Of THK Co., Ltd. (TSE:6481) After Its First-Quarter Report
May 14THK (TSE:6481) Will Pay A Smaller Dividend Than Last Year
May 05Here's Why THK (TSE:6481) Can Manage Its Debt Responsibly
Apr 24Is Now The Time To Look At Buying THK Co., Ltd. (TSE:6481)?
Apr 08THK Co., Ltd. (TSE:6481) Looks Just Right With A 28% Price Jump
Mar 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6481's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6481's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| THK Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6481) | 1.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6481) (up to 3 years) | 4.3% |
Notable Dividend: 6481's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6481's dividend (1.26%) is low compared to the top 25% of dividend payers in the JP market (3.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), 6481's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (145%), 6481's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
THK Co., Ltd. is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tsutomu Kijima | Barclays |
| Christopher Cintavey | BNP Paribas Securities (Asia) |
| Kenjin Hotta | BofA Global Research |