Toyo Kanetsu K.K.
DB:TQ2 Stock Report
Toyo Kanetsu K.K Dividends and Buybacks
Dividend criteria checks 3/6
Toyo Kanetsu K.K is a dividend paying company with a current yield of 4.1% that is well covered by earnings.
Key information
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €182.000 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Stability and Growth of Payments
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 |
|---|
How does TQ2 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (TQ2) | 4.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Energy Services) | 4.1% |
| Analyst forecast (TQ2) (up to 3 years) | n/a |
Notable Dividend: TQ2's dividend (4.1%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: TQ2's dividend (4.1%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), TQ2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TQ2 is paying a dividend but the company has no free cash flows.
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