Tokyu Construction Dividend
Dividend criteria checks 4/6
Tokyu Construction is a dividend paying company with a current yield of 5.12% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.1%
Dividend yield
61%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥38.000 |
| Earnings per share | JP¥60.65 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Tokyu Construction (TSE:1720) Will Pay A Dividend Of ¥19.00
Jul 25
Tokyu Construction (TSE:1720) Has Announced A Dividend Of ¥19.00
Jul 11Tokyu Construction (TSE:1720) Has Affirmed Its Dividend Of ¥18.00
Mar 25Tokyu Construction (TSE:1720) Will Pay A Dividend Of ¥18.00
Feb 26Recent updates
Tokyu Construction (TSE:1720) Will Pay A Dividend Of ¥19.00
Jul 25Tokyu Construction (TSE:1720) Has Announced A Dividend Of ¥19.00
Jul 11Tokyu Construction's (TSE:1720) Profits Appear To Have Quality Issues
May 21Tokyu Construction (TSE:1720) Has Affirmed Its Dividend Of ¥18.00
Mar 25Tokyu Construction (TSE:1720) Will Pay A Dividend Of ¥18.00
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1720's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1720's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokyu Construction Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1720) | 5.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (1720) | 5.5% |
Notable Dividend: 1720's dividend (5.12%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 1720's dividend (5.12%) is in the top 25% of dividend payers in the JP market (3.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.9%), 1720's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1720 is paying a dividend but the company has no free cash flows.