Toyo Drilube Dividends and Buybacks
Dividend criteria checks 5/6
Toyo Drilube is a dividend paying company with a current yield of 2.49% that is well covered by earnings. Next payment date is on 11th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.08% |
| Next dividend pay date | 11 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥72.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Does Toyo Drilube (TSE:4976) Have A Healthy Balance Sheet?
Aug 07
Investors Still Aren't Entirely Convinced By Toyo Drilube Co., Ltd.'s (TSE:4976) Earnings Despite 28% Price Jump
Apr 10Return 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) | 2.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (4976) (up to 3 years) | n/a |
Notable Dividend: 4976's dividend (2.49%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4976's dividend (2.49%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.2%), 4976's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), 4976's dividend payments are well covered by cash flows.