NewtechLtd Dividend
Dividend criteria checks 2/6
NewtechLtd is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥151.30 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Newtech Co.,Ltd.'s (TSE:6734) 28% Price Boost Is Out Of Tune With Earnings
Mar 06
Here's Why I Think NewtechLtd (TYO:6734) Is An Interesting Stock
Apr 28Returns on Capital Paint A Bright Future For NewtechLtd (TYO:6734)
Apr 05Newtech Co.,Ltd.'s (TYO:6734) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 15NewtechLtd (TYO:6734) Could Be A Buy For Its Upcoming Dividend
Feb 20Why Newtech Co.,Ltd. (TYO:6734) Looks Like A Quality Company
Feb 02Is Now The Time To Put NewtechLtd (TYO:6734) On Your Watchlist?
Jan 12
Should You Invest In NewtechLtd (TYO:6734)?
Dec 25A Look At The Fair Value Of Newtech Co.,Ltd. (TYO:6734)
Dec 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6734 has been paying a dividend for less than 10 years.
Growing Dividend: 6734's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| NewtechLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6734) | 2.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Tech) | 2.5% |
| Analyst forecast in 3 Years (6734) | n/a |
Notable Dividend: 6734's dividend (2.57%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6734's dividend (2.57%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), 6734's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (697%), 6734's dividend payments are not well covered by cash flows.