Takasago Thermal Engineering Dividend
Dividend criteria checks 4/6
Takasago Thermal Engineering is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
40%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥130.000 |
| Earnings per share | JP¥296.25 |
| Dividend yield forecast | 3.1% |
Recent dividend updates
Recent updates
Earnings Report: Takasago Thermal Engineering Co., Ltd. Missed Revenue Estimates By 9.7%
Aug 23
Getting In Cheap On Takasago Thermal Engineering Co., Ltd. (TSE:1969) Is Unlikely
Jun 06There May Be Underlying Issues With The Quality Of Takasago Thermal Engineering's (TSE:1969) Earnings
May 22The Returns At Takasago Thermal Engineering (TSE:1969) Aren't Growing
Apr 10Takasago Thermal Engineering (TSE:1969) Has A Rock Solid Balance Sheet
Mar 14There's Reason For Concern Over Takasago Thermal Engineering Co., Ltd.'s (TSE:1969) Massive 32% Price Jump
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1969's dividends per share have been stable in the past 10 years.
Growing Dividend: 1969's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Takasago Thermal Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1969) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Building) | 2.6% |
| Analyst forecast (1969) (up to 3 years) | 3.1% |
Notable Dividend: 1969's dividend (2.59%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 1969's dividend (2.59%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.2%), 1969's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.9%), 1969's dividend payments are not well covered by cash flows.