Tokyo Electron Device Dividend
Dividend criteria checks 5/6
Tokyo Electron Device is a dividend paying company with a current yield of 1.9% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 28th March, 2024.
Key information
1.9%
Dividend yield
39%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥331.76 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2760's dividends per share have been stable in the past 10 years.
Growing Dividend: 2760's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokyo Electron Device Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2760) | 1.9% |
Market Bottom 25% (JP) | 1.5% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electronic) | 1.4% |
Analyst forecast in 3 Years (2760) | 2.0% |
Notable Dividend: 2760's dividend (1.9%) is higher than the bottom 25% of dividend payers in the JP market (1.55%).
High Dividend: 2760's dividend (1.9%) is low compared to the top 25% of dividend payers in the JP market (3.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), 2760's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.3%), 2760's dividend payments are well covered by cash flows.