TokyotokeibaLtd Dividend
Dividend criteria checks 4/6
TokyotokeibaLtd is a dividend paying company with a current yield of 2.33% that is well covered by earnings.
Key information
2.3%
Dividend yield
27%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥340.71 |
Dividend yield forecast in 3Y | 3.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9672's dividends per share have been stable in the past 10 years.
Growing Dividend: 9672's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TokyotokeibaLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9672) | 2.3% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Hospitality) | 0.7% |
Analyst forecast in 3 Years (9672) | 3.0% |
Notable Dividend: 9672's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 9672's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (3.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 9672's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9672 is paying a dividend but the company has no free cash flows.