Tokyo Steel Manufacturing Dividend
Dividend criteria checks 2/6
Tokyo Steel Manufacturing is a dividend paying company with a current yield of 3.08%.
Key information
3.1%
Dividend yield
n/a
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥256.01 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 5423's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 5423's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Tokyo Steel Manufacturing Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5423) | 3.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Metals and Mining) | 3.5% |
Analyst forecast in 3 Years (5423) | 3.3% |
Notable Dividend: 5423's dividend (3.08%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5423's dividend (3.08%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 5423's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), 5423's dividend payments are thoroughly covered by cash flows.