Toyo Tanso Dividend
Dividend criteria checks 4/6
Toyo Tanso is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.0%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥120.000 |
| Earnings per share | JP¥406.92 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Toyo Tanso's (TSE:5310) Upcoming Dividend Will Be Larger Than Last Year's
Aug 09
Toyo Tanso Co., Ltd. (TSE:5310) Doing What It Can To Lift Shares
Aug 05With EPS Growth And More, Toyo Tanso (TSE:5310) Makes An Interesting Case
Apr 30Toyo Tanso (TSE:5310) Hasn't Managed To Accelerate Its Returns
Apr 08Toyo Tanso Co., Ltd. (TSE:5310) Looks Just Right With A 35% Price Jump
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5310's dividends per share have been stable in the past 10 years.
Growing Dividend: 5310's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Tanso Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5310) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (5310) | 2.5% |
Notable Dividend: 5310's dividend (2%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5310's dividend (2%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), 5310's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (150.5%), 5310's dividend payments are not well covered by cash flows.