Tohoku Electric Power Company Dividends and Buybacks
Dividend criteria checks 4/6
Tohoku Electric Power Company is a dividend paying company with a current yield of 2.47% 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
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 3.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.181 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKT's dividend payments have been volatile in the past 10 years.
Growing Dividend: TKT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tohoku Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TKT) | 2.5% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electric Utilities) | 4.8% |
| Analyst forecast (TKT) (up to 3 years) | 3.3% |
Notable Dividend: TKT's dividend (2.47%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TKT's dividend (2.47%) 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 (7.1%), TKT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), TKT's dividend payments are well covered by cash flows.