Toyo Logistics Dividends and Buybacks
Dividend criteria checks 4/6
Toyo Logistics is a dividend paying company with a current yield of 3.91% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.9%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.2% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥57.500 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9306's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9306's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Logistics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9306) | 3.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (9306) (up to 3 years) | n/a |
Notable Dividend: 9306's dividend (3.91%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9306's dividend (3.91%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), 9306's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9306 is paying a dividend but the company has no free cash flows.