Dai Nippon Toryo Company Dividend
Dividend criteria checks 4/6
Dai Nippon Toryo Company is a dividend paying company with a current yield of 3.22% that is well covered by earnings.
Key information
3.2%
Dividend yield
22%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥161.61 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4611's dividends per share have been stable in the past 10 years.
Growing Dividend: 4611's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Dai Nippon Toryo Company Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4611) | 3.2% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (4611) | n/a |
Notable Dividend: 4611's dividend (3.22%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 4611's dividend (3.22%) is low compared to the top 25% of dividend payers in the JP market (3.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 4611's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 4611 is paying a dividend but the company has no free cash flows.