Tokuden Dividend
Dividend criteria checks 5/6
Tokuden is a dividend paying company with a current yield of 3.66% that is well covered by earnings.
Key information
3.7%
Dividend yield
24%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥297.92 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
There Are Reasons To Feel Uneasy About Tokuden's (TYO:3437) Returns On Capital
Apr 29Tokuden (TYO:3437) Seems To Use Debt Quite Sensibly
Mar 02Has Tokuden (TYO:3437) Got What It Takes To Become A Multi-Bagger?
Jan 26Why Tokuden Co., Ltd. (TYO:3437) Should Be In Your Dividend Portfolio
Dec 20Does Tokuden's (TYO:3437) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3437's dividends per share have been stable in the past 10 years.
Growing Dividend: 3437's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokuden Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (3437) | 3.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (3437) | n/a |
Notable Dividend: 3437's dividend (3.66%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3437's dividend (3.66%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 3437's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3437 is paying a dividend but the company has no free cash flows.