Toho Gas Dividend
Dividend criteria checks 5/6
Toho Gas is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
33%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €80.000 |
| Earnings per share | €219.16 |
| Dividend yield forecast | 2.2% |
Recent dividend 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) | 2.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Gas Utilities) | 6.7% |
| Analyst forecast (59W) (up to 3 years) | 2.2% |
Notable Dividend: 59W's dividend (1.98%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: 59W's dividend (1.98%) is low compared to the top 25% of dividend payers in the German market (4.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 59W's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83%), 59W's dividend payments are covered by cash flows.