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Operations: HIMACS, Ltd.'s revenue segments are not detailed in the provided text.

Dividend Yield: 3.1%

HIMACS offers a stable dividend profile with a 3.17% yield, supported by a low payout ratio of 20.3% and cash payout ratio of 46.3%, ensuring dividends are well-covered by earnings and cash flows. Dividends have consistently grown over the past decade, with recent increases to JPY 22 per share for Q2 2024. The company projects robust financial performance for the fiscal year ending March 2025, indicating potential for continued dividend reliability.

• Click to explore a detailed breakdown of our findings in HIMACS' dividend report.

• Our valuation report unveils the possibility HIMACS' shares may be trading at a discount.

SIIX

Simply Wall St Dividend Rating: ★★★★★★

Overview: SIIX Corporation focuses on the sale and distribution of electronic components both in Japan and internationally, with a market cap of ¥54.43 billion.

Operations: SIIX Corporation generates revenue from various regions, with ¥103.89 billion from Japan, ¥27.16 billion from Europe, ¥76.21 billion from the Americas, ¥85.60 billion from Greater China, and ¥115.45 billion from Southeast Asia.

Dividend Yield: 4.2%

SIIX Corporation's dividends are appealing, with a 4.15% yield placing it in the top 25% of Japan's dividend payers. Over the past decade, dividends have grown steadily and remain stable due to a low payout ratio of 44.6% and a cash payout ratio of 18.4%, ensuring coverage by earnings and cash flows. Trading at 28.5% below estimated fair value suggests potential for capital appreciation alongside reliable dividend income.

• Delve into the full analysis dividend report here for a deeper understanding of SIIX.

• Insights from our recent valuation report point to the potential undervaluation of SIIX shares in the market.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OB:ORK TSE:4299 and TSE:7613.

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