Seiwa Electric Mfg Dividends and Buybacks
Dividend criteria checks 5/6
Seiwa Electric Mfg is a dividend paying company with a current yield of 3.46% that is well covered by earnings. Next payment date is on 14th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
3.5%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.1% |
| Next dividend pay date | 14 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥18.000 |
| Payout ratio | 23% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6748's dividends per share have been stable in the past 10 years.
Growing Dividend: 6748's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Seiwa Electric Mfg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6748) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (6748) (up to 3 years) | n/a |
Notable Dividend: 6748's dividend (3.46%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6748's dividend (3.46%) is low compared to the top 25% of dividend payers in the JP market (3.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.5%), 6748's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), 6748's dividend payments are well covered by cash flows.