Toyo Drilube Dividend
Dividend criteria checks 3/6
Toyo Drilube is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 11th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.6%
Dividend yield
13%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 11 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥381.41 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Investors Still Aren't Entirely Convinced By Toyo Drilube Co., Ltd.'s (TSE:4976) Earnings Despite 28% Price Jump
Apr 10
Return Trends At Toyo Drilube (TSE:4976) Aren't Appealing
Mar 11What To Know Before Buying Toyo Drilube Co., Ltd. (TYO:4976) For Its Dividend
Apr 20How Has Toyo Drilube (TYO:4976) Allocated Its Capital?
Mar 14These 4 Measures Indicate That Toyo Drilube (TYO:4976) Is Using Debt Safely
Feb 15Is Toyo Drilube Co., Ltd.'s (TYO:4976) 1.7% Dividend Worth Your Time?
Jan 20
Toyo Drilube Co., Ltd. (TYO:4976) Is About To Go Ex-Dividend, And It Pays A 1.7% Yield
Dec 24How Well Is Toyo Drilube (TYO:4976) Allocating Its Capital?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4976's dividends per share have been stable in the past 10 years.
Growing Dividend: 4976's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Drilube Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4976) | 1.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (4976) | n/a |
Notable Dividend: 4976's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 4976's dividend (1.56%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), 4976's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 4976 is paying a dividend but the company has no free cash flows.