TOYO Dividend
Dividend criteria checks 4/6
TOYO is a dividend paying company with a current yield of 4.12% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
44%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥67.000 |
| Earnings per share | JP¥131.92 |
| Dividend yield forecast | 4.8% |
Recent dividend updates
TOYO's (TSE:8151) Upcoming Dividend Will Be Larger Than Last Year's
Aug 09
TOYO (TSE:8151) Will Pay A Larger Dividend Than Last Year At ¥37.00
Jul 22TOYO (TSE:8151) Is Increasing Its Dividend To ¥37.00
Jun 29TOYO's (TSE:8151) Upcoming Dividend Will Be Larger Than Last Year's
May 21TOYO (TSE:8151) Will Pay A Dividend Of ¥25.00
Feb 26Recent updates
TOYO's (TSE:8151) Upcoming Dividend Will Be Larger Than Last Year's
Aug 09TOYO (TSE:8151) Will Pay A Larger Dividend Than Last Year At ¥37.00
Jul 22TOYO (TSE:8151) Is Increasing Its Dividend To ¥37.00
Jun 29Additional Considerations Required While Assessing TOYO's (TSE:8151) Strong Earnings
May 22TOYO's (TSE:8151) Upcoming Dividend Will Be Larger Than Last Year's
May 21TOYO (TSE:8151) Will Pay A Dividend Of ¥25.00
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8151's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8151's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TOYO Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8151) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (8151) (up to 3 years) | 4.8% |
Notable Dividend: 8151's dividend (4.12%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 8151's dividend (4.12%) is in the top 25% of dividend payers in the JP market (3.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), 8151's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8151 is paying a dividend but the company has no free cash flows.