Hitachi Dividend
Dividend criteria checks 4/6
Hitachi is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.2%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Earnings per share | JP¥150.49 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
An Intrinsic Calculation For Hitachi, Ltd. (TSE:6501) Suggests It's 36% Undervalued
Aug 23
Hitachi, Ltd. (TSE:6501) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Aug 06Results: Hitachi, Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 03An Intrinsic Calculation For Hitachi, Ltd. (TSE:6501) Suggests It's 44% Undervalued
May 22Hitachi, Ltd.'s (TSE:6501) Share Price Not Quite Adding Up
Apr 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6501's dividends per share have been stable in the past 10 years.
Growing Dividend: 6501's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hitachi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6501) | 1.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Industrials) | 1.3% |
| Analyst forecast in 3 Years (6501) | 1.5% |
Notable Dividend: 6501's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6501's dividend (1.16%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), 6501's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), 6501's dividend payments are well covered by cash flows.