Tomoku Dividend
Dividend criteria checks 4/6
Tomoku is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
21%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Earnings per share | JP¥327.71 |
| Dividend yield forecast in 3Y | 3.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3946's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3946's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tomoku Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3946) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Packaging) | 3.2% |
| Analyst forecast in 3 Years (3946) | 3.7% |
Notable Dividend: 3946's dividend (3.69%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3946's dividend (3.69%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.4%), 3946's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), 3946's dividend payments are well covered by cash flows.