Togami Electric Mfg Dividend
Dividend criteria checks 4/6
Togami Electric Mfg is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Earnings per share | JP¥424.58 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6643's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6643's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Togami Electric Mfg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6643) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (6643) | n/a |
Notable Dividend: 6643's dividend (3.13%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6643's dividend (3.13%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), 6643's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.7%), 6643's dividend payments are covered by cash flows.