Maruichi Steel Tube Dividend
Dividend criteria checks 5/6
Maruichi Steel Tube is a dividend paying company with a current yield of 4.08% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥131.000 |
| Earnings per share | JP¥327.73 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Maruichi Steel Tube's (TSE:5463) Dividend Will Be ¥55.00
Aug 09
Maruichi Steel Tube (TSE:5463) Has Affirmed Its Dividend Of ¥55.00
Jul 25Maruichi Steel Tube (TSE:5463) Has Announced A Dividend Of ¥55.00
Jul 11Maruichi Steel Tube (TSE:5463) Is Due To Pay A Dividend Of ¥69.50
Mar 03Recent updates
Maruichi Steel Tube's (TSE:5463) Dividend Will Be ¥55.00
Aug 09Maruichi Steel Tube (TSE:5463) Has Affirmed Its Dividend Of ¥55.00
Jul 25Maruichi Steel Tube (TSE:5463) Has Announced A Dividend Of ¥55.00
Jul 11With EPS Growth And More, Maruichi Steel Tube (TSE:5463) Makes An Interesting Case
Jun 14Some Shareholders Feeling Restless Over Maruichi Steel Tube Ltd.'s (TSE:5463) P/E Ratio
May 01Maruichi Steel Tube (TSE:5463) Shareholders Will Want The ROCE Trajectory To Continue
Apr 09Maruichi Steel Tube (TSE:5463) Is Due To Pay A Dividend Of ¥69.50
Mar 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5463's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5463's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Maruichi Steel Tube Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5463) | 4.1% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Metals and Mining) | 4.5% |
| Analyst forecast in 3 Years (5463) | 4.3% |
Notable Dividend: 5463's dividend (4.08%) is higher than the bottom 25% of dividend payers in the JP market (1.94%).
High Dividend: 5463's dividend (4.08%) is in the top 25% of dividend payers in the JP market (3.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 5463's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.3%), 5463's dividend payments are covered by cash flows.