Toshiba Tec Dividend
Dividend criteria checks 2/6
Toshiba Tec is a dividend paying company with a current yield of 1.58%.
Key information
1.6%
Dividend yield
-8%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -JP¥499.83 |
| Dividend yield forecast in 3Y | 2.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6588's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6588's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toshiba Tec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6588) | 1.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Tech) | 2.5% |
| Analyst forecast in 3 Years (6588) | 2.2% |
Notable Dividend: 6588's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6588's dividend (1.58%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: 6588 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), 6588's dividend payments are thoroughly covered by cash flows.