Toyo Seikan Group Holdings Dividend
Dividend criteria checks 4/6
Toyo Seikan Group Holdings is a dividend paying company with a current yield of 3.93% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.9%
Dividend yield
61%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥91.000 |
| Earnings per share | JP¥149.51 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Calculating The Intrinsic Value Of Toyo Seikan Group Holdings, Ltd. (TSE:5901)
Aug 29
These 4 Measures Indicate That Toyo Seikan Group Holdings (TSE:5901) Is Using Debt Reasonably Well
Aug 06Toyo Seikan Group Holdings (TSE:5901) Has Some Way To Go To Become A Multi-Bagger
Jul 18The Price Is Right For Toyo Seikan Group Holdings, Ltd. (TSE:5901)
Jun 12The Strong Earnings Posted By Toyo Seikan Group Holdings (TSE:5901) Are A Good Indication Of The Strength Of The Business
May 22Investors Met With Slowing Returns on Capital At Toyo Seikan Group Holdings (TSE:5901)
Apr 17Toyo Seikan Group Holdings (TSE:5901) Has A Pretty Healthy Balance Sheet
Mar 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5901's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5901's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Seikan Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5901) | 3.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Packaging) | 3.2% |
| Analyst forecast in 3 Years (5901) | 3.9% |
Notable Dividend: 5901's dividend (3.93%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 5901's dividend (3.93%) is in the top 25% of dividend payers in the JP market (3.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), 5901's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147%), 5901's dividend payments are not well covered by cash flows.