Kyoritsu Electric Dividend
Dividend criteria checks 5/6
Kyoritsu Electric is a dividend paying company with a current yield of 2.36% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.4%
Dividend yield
18%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥389.90 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Cautious Investors Not Rewarding Kyoritsu Electric Corporation's (TSE:6874) Performance Completely
Mar 29
Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet
Apr 14Returns On Capital At Kyoritsu Electric (TYO:6874) Have Hit The Brakes
Mar 24Is Kyoritsu Electric Corporation (TYO:6874) A Smart Pick For Income Investors?
Mar 03Are Kyoritsu Electric's (TYO:6874) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 10Kyoritsu Electric (TYO:6874) Shareholders Have Enjoyed A 44% Share Price Gain
Jan 20
Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt
Dec 30Returns On Capital - An Important Metric For Kyoritsu Electric (TYO:6874)
Dec 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6874's dividends per share have been stable in the past 10 years.
Growing Dividend: 6874's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kyoritsu Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6874) | 2.4% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (6874) | n/a |
Notable Dividend: 6874's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6874's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), 6874's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.7%), 6874's dividend payments are well covered by cash flows.