Tokai Rika Dividend
Dividend criteria checks 4/6
Tokai Rika is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
20%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥272.06 |
Dividend yield forecast in 3Y | 4.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6995's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6995's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokai Rika Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6995) | 3.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast in 3 Years (6995) | 4.1% |
Notable Dividend: 6995's dividend (3.08%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6995's dividend (3.08%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 6995's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.7%), 6995's dividend payments are well covered by cash flows.