Tokushu Tokai Paper Dividends and Buybacks
Dividend criteria checks 4/6
Tokushu Tokai Paper is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
0.005%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥130.000 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Tokushu Tokai Paper (TSE:3708) Is Due To Pay A Dividend Of ¥60.00
Aug 29
Tokushu Tokai Paper (TSE:3708) Is Due To Pay A Dividend Of ¥60.00
Jul 25Tokushu Tokai Paper's (TSE:3708) Dividend Will Be ¥60.00
Jul 11Recent updates
Tokushu Tokai Paper (TSE:3708) Is Due To Pay A Dividend Of ¥60.00
Aug 29Tokushu Tokai Paper (TSE:3708) Is Due To Pay A Dividend Of ¥60.00
Jul 25Tokushu Tokai Paper's (TSE:3708) Dividend Will Be ¥60.00
Jul 11We Think Tokushu Tokai Paper's (TSE:3708) Profit Is Only A Baseline For What They Can Achieve
May 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3708's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3708's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokushu Tokai Paper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3708) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Forestry) | 3.0% |
| Analyst forecast (3708) (up to 3 years) | 3.7% |
Notable Dividend: 3708's dividend (3.68%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3708's dividend (3.68%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.9%), 3708's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), 3708's dividend payments are well covered by cash flows.