If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tokai Tokyo Financial Holdings Inc is 0.81, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Tokai Tokyo Financial Holdings was 19.73. The lowest was 0.38. And the median was 0.68.
During the past 12 months, Tokai Tokyo Financial Holdings's average Dividends Per Share Growth Rate was -9.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -6.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -5.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokai Tokyo Financial Holdings was 58.70% per year. The lowest was -32.50% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Tokai Tokyo Financial Holdings Dividend Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Tokai Tokyo Financial Holdings Dividend Yield % Chart
Competitive Comparison of Tokai Tokyo Financial Holdings's Dividend Yield %
For the Capital Markets subindustry, Tokai Tokyo Financial Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tokai Tokyo Financial Holdings's Dividend Yield % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tokai Tokyo Financial Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tokai Tokyo Financial Holdings's Dividend Yield % falls into.
Tokai Tokyo Financial Holdings Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tokai Tokyo Financial Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 16.000
2024-03-28
2024-03-31
0000-00-00
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 12.000
2023-09-28
2023-09-30
2023-11-24
Cash Dividend
semi-annually
JPY:JPY 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tokai Tokyo Financial Holdings (TSE:8616) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Tokai Tokyo Financial Holdings Dividend Yield % Related Terms
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Tokai Tokyo Financial Holdings (TSE:8616) Business Description
Tokai Tokyo Financial Holdings Inc. is the holding company of the Tokai Tokyo Financial Group. It operates and manages the group's companies. Tokai Tokyo Financial Group consists primarily of companies in Japan, but a few are in overseas markets. Tokyo Securities is the operating nucleus of the group and manages financial instruments businesses, fund management, back-office services, and research. For the overall group, operations are divided into trading activities and commissions. Tokai's commissions are gained through brokerage services and underwriting and distribution.
Tokai Tokyo Financial Holdings (TSE:8616) Headlines
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