Toyo Kanetsu K.K Dividend
Dividend criteria checks 5/6
Toyo Kanetsu K.K is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
40%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €379.79 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TQ2's dividends per share have been stable in the past 10 years.
Growing Dividend: TQ2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Toyo Kanetsu K.K Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TQ2) | 3.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Energy Services) | 3.8% |
Analyst forecast in 3 Years (TQ2) | n/a |
Notable Dividend: TQ2's dividend (3.49%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: TQ2's dividend (3.49%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), TQ2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.7%), TQ2's dividend payments are covered by cash flows.