Kyoei SangyoLtd Dividends and Buybacks
Dividend criteria checks 4/6
Kyoei SangyoLtd is a dividend paying company with a current yield of 4.98% 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
5.0%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥110.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6973's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6973's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kyoei SangyoLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6973) | 5.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (6973) (up to 3 years) | n/a |
Notable Dividend: 6973's dividend (4.98%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6973's dividend (4.98%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), 6973's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (226.7%), 6973's dividend payments are not well covered by cash flows.