Toshiba Tec Dividend
Dividend criteria checks 2/6
Toshiba Tec is a dividend paying company with a current yield of 1.43%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.4%
Dividend yield
-73%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥45.000 |
| Earnings per share | -JP¥62.40 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Toshiba Tec Corporation's (TSE:6588) 29% Share Price Plunge Could Signal Some Risk
Aug 06
Are Investors Undervaluing Toshiba Tec Corporation (TSE:6588) By 24%?
Jun 20These 4 Measures Indicate That Toshiba Tec (TSE:6588) Is Using Debt Extensively
May 30Toshiba Tec's (TSE:6588) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 18Upcoming Dividend Payment
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) | 1.4% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Tech) | 2.7% |
| Analyst forecast in 3 Years (6588) | 2.1% |
Notable Dividend: 6588's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.92%).
High Dividend: 6588's dividend (1.43%) is low compared to the top 25% of dividend payers in the JP market (3.89%).
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 reasonable cash payout ratio (67.2%), 6588's dividend payments are covered by cash flows.