Toyo Denki Seizo K.K Dividend
Dividend criteria checks 3/6
Toyo Denki Seizo K.K is a dividend paying company with a current yield of 2.66%. Next payment date is on 30th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.7%
Dividend yield
-34%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 30 Aug 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥89.73 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6505's dividends per share have been stable in the past 10 years.
Growing Dividend: 6505's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Toyo Denki Seizo K.K Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6505) | 2.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Electrical) | 1.6% |
| Analyst forecast in 3 Years (6505) | 2.7% |
Notable Dividend: 6505's dividend (2.66%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6505's dividend (2.66%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: 6505 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.8%), 6505's dividend payments are thoroughly covered by cash flows.