Tone Dividend
Dividend criteria checks 4/6
Tone is a dividend paying company with a current yield of 1.87% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.9%
Dividend yield
31%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 30 Aug 24 |
Ex dividend date | 30 May 24 |
Dividend per share | n/a |
Earnings per share | JP¥67.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5967's dividends per share have been stable in the past 10 years.
Growing Dividend: 5967's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tone Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5967) | 1.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Consumer Durables) | 1.7% |
Analyst forecast in 3 Years (5967) | n/a |
Notable Dividend: 5967's dividend (1.87%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5967's dividend (1.87%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), 5967's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5967 is paying a dividend but the company has no free cash flows.