Totech Dividend
Dividend criteria checks 5/6
Totech is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥169.86 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9960's dividends per share have been stable in the past 10 years.
Growing Dividend: 9960's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Totech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9960) | 2.0% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Trade Distributors) | 2.3% |
| Analyst forecast in 3 Years (9960) | n/a |
Notable Dividend: 9960's dividend (2.04%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9960's dividend (2.04%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 9960's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79%), 9960's dividend payments are covered by cash flows.