Tohoku Steel Dividend
Dividend criteria checks 4/6
Tohoku Steel is a dividend paying company with a current yield of 1.73% 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
1.7%
Dividend yield
20%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥35.000 |
Earnings per share | JP¥129.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Some May Be Optimistic About Tohoku Steel's (TSE:5484) Earnings
May 22Three Things You Should Check Before Buying Tohoku Steel Co., Ltd. (TYO:5484) For Its Dividend
Mar 24Is Tohoku Steel (TYO:5484) Using Capital Effectively?
Mar 03Tohoku Steel (TYO:5484) Shareholders Have Enjoyed A 59% Share Price Gain
Feb 09What Kind Of Shareholders Own Tohoku Steel Co., Ltd. (TYO:5484)?
Jan 18Is Tohoku Steel Co., Ltd. (TYO:5484) An Attractive Dividend Stock?
Dec 23Does Tohoku Steel's (TYO:5484) Returns On Capital Reflect Well On The Business?
Dec 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5484's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5484's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tohoku Steel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5484) | 1.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (5484) | n/a |
Notable Dividend: 5484's dividend (1.73%) is higher than the bottom 25% of dividend payers in the JP market (1.7%).
High Dividend: 5484's dividend (1.73%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.2%), 5484's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.9%), 5484's dividend payments are thoroughly covered by cash flows.