Meidensha Dividend
Dividend criteria checks 2/6
Meidensha is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
19%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥250.20 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
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 |
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Segment | Dividend Yield |
---|---|
Company (6508) | 1.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6508) | 2.6% |
Notable Dividend: 6508's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6508's dividend (1.38%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 6508's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.4%), 6508's dividend payments are not well covered by cash flows.