Totech Dividend
Dividend criteria checks 4/6
Totech is a dividend paying company with a current yield of 2.94%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
120%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥73.000 |
Earnings per share | JP¥170.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Totech (TSE:9960) Has Announced A Dividend Of ¥24.00
Jul 25Totech (TSE:9960) Is Due To Pay A Dividend Of ¥24.00
Jul 11Totech (TSE:9960) Is Increasing Its Dividend To ¥135.00
Mar 04Recent updates
Totech (TSE:9960) Has Announced A Dividend Of ¥24.00
Jul 25Totech (TSE:9960) Is Due To Pay A Dividend Of ¥24.00
Jul 11Further Upside For Totech Corporation (TSE:9960) Shares Could Introduce Price Risks After 26% Bounce
Mar 10Totech (TSE:9960) Is Increasing Its Dividend To ¥135.00
Mar 04Does Totech (TSE:9960) Deserve A Spot On Your Watchlist?
Mar 01Upcoming Dividend Payment
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) | 2.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Trade Distributors) | 2.7% |
Analyst forecast in 3 Years (9960) | n/a |
Notable Dividend: 9960's dividend (2.94%) is higher than the bottom 25% of dividend payers in the JP market (1.73%).
High Dividend: 9960's dividend (2.94%) is low compared to the top 25% of dividend payers in the JP market (3.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (120.3%), 9960's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), 9960's dividend payments are well covered by cash flows.