Tokyo GasLtd Dividends and Buybacks
Dividend criteria checks 4/6
Tokyo GasLtd is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
5.2%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.457 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKGS.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: TKGS.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tokyo GasLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TKGS.F) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Gas Utilities) | 3.2% |
| Analyst forecast (TKGS.F) (up to 3 years) | 1.7% |
Notable Dividend: TKGS.F's dividend (1.6%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: TKGS.F's dividend (1.6%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), TKGS.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.3%), TKGS.F's dividend payments are well covered by cash flows.