Molitec Steel Dividends and Buybacks
Dividend criteria checks 2/6
Molitec Steel is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥4.000 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5986's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5986's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Molitec Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5986) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.4% |
| Analyst forecast (5986) (up to 3 years) | n/a |
Notable Dividend: 5986's dividend (2.27%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5986's dividend (2.27%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.6%), 5986's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5986 is paying a dividend but the company has no free cash flows.