Tsuruya Dividends and Buybacks
Dividend criteria checks 2/6
Tsuruya is a dividend paying company with a current yield of 2.56%. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.8% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥9.500 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5386 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5386 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Tsuruya Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5386) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Building) | 2.3% |
| Analyst forecast (5386) (up to 3 years) | n/a |
Notable Dividend: 5386's dividend (2.56%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5386's dividend (2.56%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 5386's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.8%), 5386's dividend payments are well covered by cash flows.