Tokai Carbon Dividend
Dividend criteria checks 4/6
Tokai Carbon is a dividend paying company with a current yield of 2.89% that is well covered by earnings.
Key information
2.9%
Dividend yield
2%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$119.45 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKCB.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TKCB.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokai Carbon Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TKCB.Y) | 2.9% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (TKCB.Y) | 3.4% |
Notable Dividend: TKCB.Y's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: TKCB.Y's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.3%), TKCB.Y's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), TKCB.Y's dividend payments are covered by cash flows.