Obara Group Dividend
Dividend criteria checks 5/6
Obara Group is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.6%
Dividend yield
24%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 20 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | n/a |
Earnings per share | JP¥358.80 |
Dividend yield forecast in 3Y | 4.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6877's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Obara Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6877) | 3.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6877) | 4.3% |
Notable Dividend: 6877's dividend (3.55%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6877's dividend (3.55%) is in the top 25% of dividend payers in the JP market (3.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), 6877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.7%), 6877's dividend payments are well covered by cash flows.