Toyo TecLtd Dividends and Buybacks

Dividend criteria checks 4/6

Toyo TecLtd is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.

Key information

3.2%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield2.9%
Future Dividend Yieldn/a
Dividend Growth6.3%
Next dividend pay date02 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥40.000
Payout ratio38%

Recent dividend and buyback updates

Toyo TecLtd (TSE:9686) Has Announced A Dividend Of ¥18.00

Mar 04
Toyo TecLtd (TSE:9686) Has Announced A Dividend Of ¥18.00

Recent updates

Toyo TecLtd (TSE:9686) Has Announced A Dividend Of ¥18.00

Mar 04
Toyo TecLtd (TSE:9686) Has Announced A Dividend Of ¥18.00

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 9686's dividends per share have been stable in the past 10 years.

Growing Dividend: 9686's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Toyo TecLtd Dividend Yield vs Market
How does 9686 dividend yield compare to the market?
SegmentDividend Yield
Company (9686)3.2%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Commercial Services)2.0%
Analyst forecast (9686) (up to 3 years)n/a

Notable Dividend: 9686's dividend (3.22%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).

High Dividend: 9686's dividend (3.22%) is low compared to the top 25% of dividend payers in the JP market (3.77%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.7%), 9686's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 9686 is paying a dividend but the company has no free cash flows.


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