Tokai LeaseLtd Dividend
Dividend criteria checks 2/6
Tokai LeaseLtd is a dividend paying company with a current yield of 2.88% that is well covered by earnings.
Key information
2.9%
Dividend yield
37%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥163.00 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
Tokai LeaseLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9761) | 2.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Commercial Services) | 1.8% |
Analyst forecast in 3 Years (9761) | n/a |
Notable Dividend: 9761's dividend (2.88%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 9761's dividend (2.88%) 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 (36.8%), 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.