Tomoe Engineering Dividends and Buybacks
Dividend criteria checks 5/6
Tomoe Engineering is a dividend paying company with a current yield of 3.24% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 30th October, 2024.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -0.8% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | JP¥126.000 |
| Payout ratio | 20% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6309's dividends per share have been stable in the past 10 years.
Growing Dividend: 6309's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tomoe Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6309) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast (6309) (up to 3 years) | 4.4% |
Notable Dividend: 6309's dividend (3.24%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6309's dividend (3.24%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), 6309's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.8%), 6309's dividend payments are well covered by cash flows.