Toyo Kanetsu K.K Dividends and Buybacks
Dividend criteria checks 4/6
Toyo Kanetsu K.K is a dividend paying company with a current yield of 4.39% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.4%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.9% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥182.000 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Toyo Kanetsu K.K (TSE:6369) Will Pay A Larger Dividend Than Last Year At ¥180.00
Mar 12
Toyo Kanetsu K.K (TSE:6369) Is Paying Out A Larger Dividend Than Last Year
Feb 27Recent updates
A Piece Of The Puzzle Missing From Toyo Kanetsu K.K.'s (TSE:6369) Share Price
Aug 06Toyo Kanetsu K.K's (TSE:6369) Promising Earnings May Rest On Soft Foundations
May 22Toyo Kanetsu K.K (TSE:6369) Will Pay A Larger Dividend Than Last Year At ¥180.00
Mar 12Toyo Kanetsu K.K (TSE:6369) Is Paying Out A Larger Dividend Than Last Year
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6369's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6369's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Kanetsu K.K Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6369) | 4.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Energy Services) | 2.5% |
| Analyst forecast (6369) (up to 3 years) | n/a |
Notable Dividend: 6369's dividend (4.39%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6369's dividend (4.39%) is in the top 25% of dividend payers in the JP market (3.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), 6369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6369 is paying a dividend but the company has no free cash flows.