Toray Industries Dividends and Buybacks
Dividend criteria checks 4/6
Toray Industries is a dividend paying company with a current yield of 1.99% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 6.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥18.000 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Toray Industries' (TSE:3402) Dividend Will Be ¥9.00
Sep 24
Toray Industries (TSE:3402) Has Affirmed Its Dividend Of ¥9.00
Sep 05Toray Industries (TSE:3402) Is Paying Out A Dividend Of ¥9.00
Aug 22Toray Industries (TSE:3402) Has Announced A Dividend Of ¥9.00
Aug 08Recent updates
Toray Industries, Inc. Just Beat EPS By 20%: Here's What Analysts Think Will Happen Next
Nov 11Calculating The Intrinsic Value Of Toray Industries, Inc. (TSE:3402)
Nov 09Toray Industries' (TSE:3402) Dividend Will Be ¥9.00
Sep 24Toray Industries (TSE:3402) Has Affirmed Its Dividend Of ¥9.00
Sep 05Toray Industries (TSE:3402) Is Paying Out A Dividend Of ¥9.00
Aug 22Toray Industries (TSE:3402) Has Announced A Dividend Of ¥9.00
Aug 08Toray Industries (TSE:3402) Has Affirmed Its Dividend Of ¥9.00
Jul 25Toray Industries (TSE:3402) Is Paying Out A Dividend Of ¥9.00
Jul 11Toray Industries, Inc.'s (TSE:3402) P/E Is On The Mark
Jun 14Calculating The Intrinsic Value Of Toray Industries, Inc. (TSE:3402)
May 05Toray Industries (TSE:3402) Could Be Struggling To Allocate Capital
Apr 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3402's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3402's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toray Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3402) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (3402) (up to 3 years) | 2.5% |
Notable Dividend: 3402's dividend (1.99%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3402's dividend (1.99%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), 3402's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 3402's dividend payments are well covered by cash flows.