Morio Denki Dividends and Buybacks
Dividend criteria checks 2/6
Morio Denki is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥50.000 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6647 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6647's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Morio Denki Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6647) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (6647) (up to 3 years) | n/a |
Notable Dividend: 6647's dividend (3.06%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6647's dividend (3.06%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.1%), 6647's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6647 is paying a dividend but the company has no free cash flows.