Toyo Tire Dividend
Dividend criteria checks 5/6
Toyo Tire is a dividend paying company with a current yield of 3.67% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.7%
Dividend yield
18%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | 06 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥548.48 |
Dividend yield forecast in 3Y | 4.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5105's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5105's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Toyo Tire Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5105) | 3.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Auto Components) | 2.9% |
Analyst forecast in 3 Years (5105) | 4.7% |
Notable Dividend: 5105's dividend (3.67%) is higher than the bottom 25% of dividend payers in the JP market (1.66%).
High Dividend: 5105's dividend (3.67%) is in the top 25% of dividend payers in the JP market (3.37%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 5105's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.6%), 5105's dividend payments are well covered by cash flows.