Tsubakimoto Chain Dividend
Dividend criteria checks 5/6
Tsubakimoto Chain is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
47%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €412.37 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSB's dividends per share have been stable in the past 10 years.
Growing Dividend: TSB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsubakimoto Chain Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TSB) | 2.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Machinery) | 3.4% |
Analyst forecast in 3 Years (TSB) | 3.2% |
Notable Dividend: TSB's dividend (2.39%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: TSB's dividend (2.39%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), TSB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.4%), TSB's dividend payments are well covered by cash flows.