Tokyo Steel Manufacturing Dividends and Buybacks
Dividend criteria checks 2/6
Tokyo Steel Manufacturing is a dividend paying company with a current yield of 2.76%.
Key information
2.8%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.320 |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TOKS.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TOKS.F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Tokyo Steel Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOKS.F) | 2.8% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (TOKS.F) (up to 3 years) | 2.8% |
Notable Dividend: TOKS.F's dividend (2.76%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: TOKS.F's dividend (2.76%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate TOKS.F's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.7%), TOKS.F's dividend payments are thoroughly covered by cash flows.