Kobelco Wire Company Dividends and Buybacks
Dividend criteria checks 2/6
Kobelco Wire Company is a dividend paying company with a current yield of 3.17% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.9% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
There May Be Underlying Issues With The Quality Of Kobelco Wire Company's (TSE:5660) Earnings
Nov 19
There's Been No Shortage Of Growth Recently For Kobelco Wire Company's (TSE:5660) Returns On Capital
Aug 06Additional Considerations Required While Assessing Kobelco Wire Company's (TSE:5660) Strong Earnings
May 21Kobelco Wire Company, Ltd.'s (TSE:5660) Prospects Need A Boost To Lift Shares
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5660's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5660's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Kobelco Wire Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5660) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.4% |
| Analyst forecast (5660) (up to 3 years) | n/a |
Notable Dividend: 5660's dividend (3.17%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5660's dividend (3.17%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 5660's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5660 is paying a dividend but the company has no free cash flows.