Toray Industries Dividend
Dividend criteria checks 4/6
Toray Industries is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
66%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €27.43 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOR1's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOR1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Toray Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TOR1) | 2.5% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Chemicals) | 5.0% |
Analyst forecast in 3 Years (TOR1) | 3.2% |
Notable Dividend: TOR1's dividend (2.49%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: TOR1's dividend (2.49%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), TOR1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), TOR1's dividend payments are well covered by cash flows.