Seiko Electric Dividend
Dividend criteria checks 5/6
Seiko Electric is a dividend paying company with a current yield of 2.73% that is well covered by earnings. Next payment date is on 26th August, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.7%
Dividend yield
29%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 26 Aug 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥118.69 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
May 09Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 25Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 11Recent updates
Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Seiko Electric's (TSE:6653) Upcoming Dividend Will Be Larger Than Last Year's
May 09Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 25Seiko Electric (TSE:6653) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 11Investors Shouldn't Be Too Comfortable With Seiko Electric's (TSE:6653) Earnings
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6653's dividends per share have been stable in the past 10 years.
Growing Dividend: 6653's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Seiko Electric Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6653) | 2.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (6653) | 2.7% |
Notable Dividend: 6653's dividend (2.73%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6653's dividend (2.73%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 6653's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.7%), 6653's dividend payments are well covered by cash flows.