Toyo Kanetsu K.K Dividends and Buybacks
Dividend criteria checks 4/6
Toyo Kanetsu K.K is a dividend paying company with a current yield of 4.49% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.5%
Dividend yield
-0.006%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €1.110 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TQ2's dividend payments have been volatile 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TQ2) | 4.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Energy Services) | 4.1% |
| Analyst forecast (TQ2) (up to 3 years) | n/a |
Notable Dividend: TQ2's dividend (4.49%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: TQ2's dividend (4.49%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), TQ2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.4%), TQ2's dividend payments are well covered by cash flows.