Seiwa Electric Mfg Dividend
Dividend criteria checks 4/6
Seiwa Electric Mfg is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
17%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥15.00 |
| Earnings per share | JP¥88.38 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Dividend Yield vs Market
| Seiwa Electric Mfg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6748) | 3.1% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (6748) | n/a |
Notable Dividend: 6748's dividend (3.12%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).
High Dividend: 6748's dividend (3.12%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 5/30/2023 | 15 | 3.1% |
| 2/8/2022 | 15 | 3.2% |
| 2/7/2022 | 15 | 2.8% |
| 3/29/2021 | 10 | 1.9% |
| 6/25/2020 | 10 | 1.6% |
| 5/13/2020 | 10 | 1.6% |
| 6/27/2019 | 10 | 1.8% |
| 5/15/2019 | 10 | 1.9% |
| 6/28/2018 | 10 | 2.2% |
| 5/11/2018 | 10 | 1.7% |
| 6/29/2017 | 10 | 2% |
| 5/11/2017 | 10 | 2.5% |
| 6/29/2016 | 10 | 2.4% |
| 5/12/2016 | 10 | 2.6% |
| 6/29/2015 | 10 | 2.5% |
| 5/14/2015 | 10 | 1.9% |
| 11/12/2014 | 8 | 2.1% |
| 8/6/2014 | 8 | 2.3% |
| 6/30/2014 | 8 | 2.4% |
| 5/14/2014 | 8 | 2.5% |
| 2/12/2014 | 5 | 1.6% |
| 11/13/2013 | 5 | 1.7% |
| 8/8/2013 | 5 | 1.6% |
| 6/28/2013 | 5 | 1.7% |
| 5/14/2013 | 5 | 1.8% |
| 8/9/2012 | 8 | 3.2% |
| 6/29/2012 | 8 | 3.3% |
Stable Dividend: 6748's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6748's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17%), 6748's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), 6748's dividend payments are thoroughly covered by cash flows.