Takasago Thermal Engineering Dividend
Dividend criteria checks 5/6
Takasago Thermal Engineering is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
35%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥291.87 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
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 |
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Segment | Dividend Yield |
---|---|
Company (1969) | 1.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Building) | 2.0% |
Analyst forecast in 3 Years (1969) | 2.4% |
Notable Dividend: 1969's dividend (1.61%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 1969's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 1969's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.2%), 1969's dividend payments are well covered by cash flows.