Toray Industries Dividends and Buybacks
Dividend criteria checks 4/6
Toray Industries is a dividend paying company with a current yield of 1.99% that is well covered by earnings.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 6.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.117 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRYI.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRYI.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toray Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRYI.Y) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (TRYI.Y) (up to 3 years) | 2.5% |
Notable Dividend: TRYI.Y's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: TRYI.Y's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), TRYI.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), TRYI.Y's dividend payments are well covered by cash flows.