Toho Gas Dividends and Buybacks
Dividend criteria checks 5/6
Toho Gas is a dividend paying company with a current yield of 2.07% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.1%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 3.9% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.466 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 59W's dividends per share have been stable in the past 10 years.
Growing Dividend: 59W's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toho Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (59W) | 2.1% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Gas Utilities) | 6.6% |
| Analyst forecast (59W) (up to 3 years) | 2.3% |
Notable Dividend: 59W's dividend (2.07%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 59W's dividend (2.07%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 59W's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.2%), 59W's dividend payments are covered by cash flows.