Tobu Railway Dividend
Dividend criteria checks 3/6
Tobu Railway is a dividend paying company with a current yield of 2.02% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
0.004%
Buyback Yield
Total Shareholder Yield | 2.0% |
Future Dividend Yield | 2.2% |
Dividend Growth | 0.4% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥50.000 |
Payout ratio | 22% |
Recent dividend updates
Recent updates
Investors Don't See Light At End Of Tobu Railway Co., Ltd.'s (TSE:9001) Tunnel
Oct 11Returns At Tobu Railway (TSE:9001) Appear To Be Weighed Down
Aug 26We Think Tobu Railway (TSE:9001) Is Taking Some Risk With Its Debt
Jul 19There Is A Reason Tobu Railway Co., Ltd.'s (TSE:9001) Price Is Undemanding
Jun 08The Returns At Tobu Railway (TSE:9001) Aren't Growing
May 22Does Tobu Railway (TSE:9001) Have A Healthy Balance Sheet?
Apr 11Tobu Railway's (TSE:9001) Dividend Will Be ¥20.00
Mar 14Some Shareholders Feeling Restless Over Tobu Railway Co., Ltd.'s (TSE:9001) P/E Ratio
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9001's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9001's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tobu Railway Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9001) | 2.0% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Transportation) | 1.6% |
Analyst forecast (9001) (up to 3 years) | 2.2% |
Notable Dividend: 9001's dividend (2.02%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 9001's dividend (2.02%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 9001's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114%), 9001's dividend payments are not well covered by cash flows.