Toho Gas Dividend
Dividend criteria checks 5/6
Toho Gas is a dividend paying company with a current yield of 2.03% 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
2.0%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Earnings per share | JP¥263.98 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Toho Gas' (TSE:9533) Dividend Will Be ¥40.00
Jul 25
Toho Gas (TSE:9533) Has Announced A Dividend Of ¥40.00
Jul 11Recent updates
Toho Gas' (TSE:9533) Dividend Will Be ¥40.00
Jul 25Toho Gas (TSE:9533) Has Announced A Dividend Of ¥40.00
Jul 11Toho Gas Co., Ltd.'s (TSE:9533) Popularity With Investors Is Under Threat From Overpricing
Jun 28Investors Will Want Toho Gas' (TSE:9533) Growth In ROCE To Persist
May 21Is Toho Gas (TSE:9533) A Risky Investment?
Apr 10Toho Gas Co., Ltd.'s (TSE:9533) Shares Lagging The Market But So Is The Business
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9533's dividends per share have been stable in the past 10 years.
Growing Dividend: 9533's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toho Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9533) | 2.0% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Gas Utilities) | 2.5% |
| Analyst forecast in 3 Years (9533) | 2.3% |
Notable Dividend: 9533's dividend (2.03%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 9533's dividend (2.03%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), 9533's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.1%), 9533's dividend payments are covered by cash flows.