Tokyo Century Dividend
Dividend criteria checks 4/6
Tokyo Century is a dividend paying company with a current yield of 3.32% that is well covered by earnings.
Key information
3.3%
Dividend yield
29%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥147.32 |
Dividend yield forecast in 3Y | 4.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8439's dividends per share have been stable in the past 10 years.
Growing Dividend: 8439's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokyo Century Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8439) | 3.3% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Diversified Financial) | 2.9% |
Analyst forecast in 3 Years (8439) | 4.5% |
Notable Dividend: 8439's dividend (3.32%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 8439's dividend (3.32%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 8439's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8439 is paying a dividend but the company has no free cash flows.