Sanyo Denki Dividends and Buybacks
Dividend criteria checks 3/6
Sanyo Denki is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.8%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥150.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6516's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6516's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sanyo Denki Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6516) | 1.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (6516) (up to 3 years) | 1.8% |
Notable Dividend: 6516's dividend (1.81%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6516's dividend (1.81%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), 6516's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), 6516's dividend payments are thoroughly covered by cash flows.