Toray Industries Dividend
Dividend criteria checks 3/6
Toray Industries is a dividend paying company with a current yield of 2.5%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.5%
Dividend yield
132%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥18.000 |
Earnings per share | JP¥13.67 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Toray 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 11Recent updates
Toray 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 14Upcoming Dividend Payment
Stability 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) | 2.5% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Chemicals) | 2.5% |
Analyst forecast in 3 Years (3402) | 3.2% |
Notable Dividend: 3402's dividend (2.5%) is higher than the bottom 25% of dividend payers in the JP market (1.93%).
High Dividend: 3402's dividend (2.5%) is low compared to the top 25% of dividend payers in the JP market (3.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.7%), 3402's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), 3402's dividend payments are covered by cash flows.