Tokai LeaseLtd Dividends and Buybacks
Dividend criteria checks 4/6
Tokai LeaseLtd is a dividend paying company with a current yield of 5.8% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.8%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.7% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Market Might Still Lack Some Conviction On Tokai Lease Co.,Ltd. (TSE:9761) Even After 27% Share Price Boost
Sep 04
There's Been No Shortage Of Growth Recently For Tokai LeaseLtd's (TSE:9761) Returns On Capital
Aug 06Tokai Lease Co.,Ltd. (TSE:9761) Stock Rockets 33% But Many Are Still Ignoring The Company
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9761's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9761's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokai LeaseLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9761) | 5.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (9761) (up to 3 years) | n/a |
Notable Dividend: 9761's dividend (5.8%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 9761's dividend (5.8%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.6%), 9761's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9761 is paying a dividend but the company has no free cash flows.