Toyo Electric Dividends and Buybacks
Dividend criteria checks 3/6
Toyo Electric is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6655's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6655's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toyo Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6655) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (6655) (up to 3 years) | n/a |
Notable Dividend: 6655's dividend (2.59%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 6655's dividend (2.59%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 6655's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6655 is paying a dividend but the company has no free cash flows.