Meidensha Dividends and Buybacks

Dividend criteria checks 4/6

Meidensha is a dividend paying company with a current yield of 1.95% that is well covered by earnings.

Key information

2.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.1%
Dividend Growth2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJP¥85.000
Payout ratio26%

Recent dividend and buyback updates

Recent updates

Is There An Opportunity With Meidensha Corporation's (TSE:6508) 39% Undervaluation?

Dec 18
Is There An Opportunity With Meidensha Corporation's (TSE:6508) 39% Undervaluation?

We Think That There Are Issues Underlying Meidensha's (TSE:6508) Earnings

Nov 19
We Think That There Are Issues Underlying Meidensha's (TSE:6508) Earnings

Results: Meidensha Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Oct 30
Results: Meidensha Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Optimistic Investors Push Meidensha Corporation (TSE:6508) Shares Up 27% But Growth Is Lacking

Oct 18
Optimistic Investors Push Meidensha Corporation (TSE:6508) Shares Up 27% But Growth Is Lacking

Meidensha's (TSE:6508) Returns Have Hit A Wall

Oct 08
Meidensha's (TSE:6508) Returns Have Hit A Wall

Is Meidensha (TSE:6508) A Risky Investment?

Sep 06
Is Meidensha (TSE:6508) A Risky Investment?

The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

Aug 06
The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Jun 06
Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

May 21
Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly

May 10
Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly

There's Reason For Concern Over Meidensha Corporation's (TSE:6508) Massive 27% Price Jump

Apr 24
There's Reason For Concern Over Meidensha Corporation's (TSE:6508) Massive 27% Price Jump

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 6508's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6508's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Meidensha Dividend Yield vs Market
How does 6508 dividend yield compare to the market?
SegmentDividend Yield
Company (6508)2.0%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Machinery)2.3%
Analyst forecast (6508) (up to 3 years)2.1%

Notable Dividend: 6508's dividend (1.95%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).

High Dividend: 6508's dividend (1.95%) is low compared to the top 25% of dividend payers in the JP market (3.81%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.9%), 6508's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.1%), 6508's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 12:58
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Meidensha Corporation is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takero FujiwaraCitigroup Inc
null nullCompany Forecast
Koji TakahashiCredit Suisse