Tokyo GasLtd Dividends and Buybacks
Dividend criteria checks 3/6
Tokyo GasLtd is a dividend paying company with a current yield of 1.55% 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
1.5%
Dividend yield
6.4%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 2.9% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.421 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOG's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokyo GasLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOG) | 1.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Gas Utilities) | 6.9% |
| Analyst forecast (TOG) (up to 3 years) | 1.7% |
Notable Dividend: TOG's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: TOG's dividend (1.55%) 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 (34.7%), TOG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.2%), TOG's dividend payments are well covered by cash flows.