Tsuzuki Denki Dividend
Dividend criteria checks 5/6
Tsuzuki Denki is a dividend paying company with a current yield of 3.5% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.5%
Dividend yield
20%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | n/a |
Earnings per share | JP¥303.91 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8157's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8157's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tsuzuki Denki Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (8157) | 3.5% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Electronic) | 1.3% |
Analyst forecast in 3 Years (8157) | n/a |
Notable Dividend: 8157's dividend (3.5%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 8157's dividend (3.5%) is in the top 25% of dividend payers in the JP market (3.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), 8157's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), 8157's dividend payments are well covered by cash flows.