TOKAI Dividend
Dividend criteria checks 3/6
TOKAI is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
35%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 09 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥58.000 |
Earnings per share | JP¥171.86 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9729's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9729's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TOKAI Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9729) | 2.9% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Healthcare) | 2.4% |
Analyst forecast in 3 Years (9729) | 3.0% |
Notable Dividend: 9729's dividend (2.93%) is higher than the bottom 25% of dividend payers in the JP market (1.92%).
High Dividend: 9729's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (3.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 9729's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9729 is paying a dividend but the company has no free cash flows.