Makita Dividend
Dividend criteria checks 3/6
Makita is a dividend paying company with a current yield of 1.52% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.5%
Dividend yield
32%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥67.000 |
Earnings per share | JP¥180.34 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Makita (TSE:6586) Will Pay A Dividend Of ¥20.00
Aug 01Makita (TSE:6586) Has Announced A Dividend Of ¥20.00
Jul 17Recent updates
Makita (TSE:6586) Will Pay A Dividend Of ¥20.00
Aug 01Is It Too Late To Consider Buying Makita Corporation (TSE:6586)?
Jul 31Makita (TSE:6586) Has Announced A Dividend Of ¥20.00
Jul 17Getting In Cheap On Makita Corporation (TSE:6586) Might Be Difficult
Jul 16Makita (TSE:6586) May Have Issues Allocating Its Capital
Jun 17Is Makita (TSE:6586) Using Too Much Debt?
May 21We Think Makita's (TSE:6586) Solid Earnings Are Understated
May 03Estimating The Fair Value Of Makita Corporation (TSE:6586)
Apr 28Is Now An Opportune Moment To Examine Makita Corporation (TSE:6586)?
Mar 16Makita's (TSE:6586) Returns On Capital Not Reflecting Well On The Business
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6586's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6586's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Makita Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6586) | 1.5% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.6% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (6586) | 2.0% |
Notable Dividend: 6586's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.78%).
High Dividend: 6586's dividend (1.52%) is low compared to the top 25% of dividend payers in the JP market (3.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 6586's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.1%), 6586's dividend payments are thoroughly covered by cash flows.