Tomoegawa Dividend
Dividend criteria checks 2/6
Tomoegawa is a dividend paying company with a current yield of 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
26%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | JP¥15.000 |
Earnings per share | JP¥57.27 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3878's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3878's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tomoegawa Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3878) | 1.6% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (3878) | n/a |
Notable Dividend: 3878's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 3878's dividend (1.58%) is low compared to the top 25% of dividend payers in the JP market (3.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), 3878's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6%), 3878's dividend payments are thoroughly covered by cash flows.