Maruichi Steel Tube Dividends and Buybacks
Dividend criteria checks 4/6
Maruichi Steel Tube is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCHI.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCHI.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Maruichi Steel Tube Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCHI.F) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (MCHI.F) (up to 3 years) | 3.5% |
Notable Dividend: MCHI.F's dividend (3.53%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: MCHI.F's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), MCHI.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), MCHI.F's dividend payments are well covered by cash flows.