Tokyo Rope Mfg Dividend
Dividend criteria checks 3/6
Tokyo Rope Mfg is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 9.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥40.000 |
| Payout ratio | 30% |
Recent dividend updates
Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year
Mar 25
Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00
Feb 27Recent updates
Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%
Aug 06We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings
May 21Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year
Mar 25Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5981 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5981 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Tokyo Rope Mfg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5981) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.4% |
| Analyst forecast (5981) (up to 3 years) | 3.8% |
Notable Dividend: 5981's dividend (3.5%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5981's dividend (3.5%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 5981's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), 5981's dividend payments are well covered by cash flows.