Tokyo Energy & Systems Dividend
Dividend criteria checks 6/6
Tokyo Energy & Systems is a dividend paying company with a current yield of 4.58% 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
4.6%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.6% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥52.000 |
| Payout ratio | 44% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1945's dividends per share have been stable in the past 10 years.
Growing Dividend: 1945's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokyo Energy & Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1945) | 4.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast (1945) (up to 3 years) | n/a |
Notable Dividend: 1945's dividend (4.58%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 1945's dividend (4.58%) is in the top 25% of dividend payers in the JP market (3.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.4%), 1945's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23%), 1945's dividend payments are well covered by cash flows.