Tomen Devices Dividend
Dividend criteria checks 3/6
Tomen Devices is a dividend paying company with a current yield of 2.38%.
Key information
2.4%
Dividend yield
154%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥308.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2737's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2737's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tomen Devices Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2737) | 2.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (2737) | n/a |
Notable Dividend: 2737's dividend (2.38%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2737's dividend (2.38%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (154.1%), 2737's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.1%), 2737's dividend payments are thoroughly covered by cash flows.