Tokuyama Corp dividend – Tokuyama Corp Announces 35.0 Cash Dividend.
March 19, 2023
Dividends Yield
On March 2nd, 2023, Tokuyama Corp ($BER:TBT) announced a 35.0 cash dividend for its shareholders. This comes after Tokuyama Corp has been paying out a yearly dividend of 70.0 JPY per share for the past three years, with a dividend yield of 3.29%, 2.77%, and 3.03% for 2021, 2022, and 2023 respectively. This elevates the average dividend yield to 3.03%. With this announcement, investors looking for dividend stocks should consider TOKUYAMA CORP, with its ex-dividend date set on March 30, 2023. Tokuyama Corp is a global leader in the production of chemicals, plastics, and plastics-related products. Through the years, Tokuyama Corp has consistently paid out dividends to its shareholders and this announcement serves to further strengthen the company’s commitment to rewarding its investors.
The dividend payout is expected to bring positive returns for investors and increase shareholder confidence in the company. For investors looking for steady returns and long-term growth opportunities, Tokuyama Corp is an attractive option. With the ex-dividend date set on March 30, 2023, investors should consider investing in the company ahead of that date in order to qualify for the dividend payout. Through its strong financial performance and consistent dividend payments, Tokuyama Corp promises to be a reliable investment option.
Share Price
The announcement came on the same day that the company’s stock opened at €14.7, and closed at €14.7, down by 0.7% from its previous closing price of 14.8. This dividend marks the company’s commitment to delivering value to its shareholders, and is likely to be welcomed by all investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tokuyama Corp. More…
| Total Revenues | Net Income | Net Margin |
| 341.23k | 23.15k | 6.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tokuyama Corp. More…
| Operations | Investing | Financing |
| 9.98k | -33.8k | 5.12k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tokuyama Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 480.43k | 240.33k | 3.17k |
Key Ratios Snapshot
Some of the financial key ratios for Tokuyama Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.9% | -15.4% | 6.6% |
| FCF Margin | ROE | ROA |
| -6.0% | 6.2% | 2.9% |
Analysis – Tokuyama Corp Intrinsic Stock Value
GoodWhale’s analysis of TOKUYAMA CORP‘s financials shows that the fair value of the company’s shares is around €15.1. This figure was calculated using our proprietary Valuation Line. Currently, TOKUYAMA CORP stock is trading at €14.7, which represents a fair price that is undervalued by 2.9%. GoodWhale believes that this is an attractive investment opportunity for investors looking for long-term growth. We anticipate a positive return on investments made in TOKUYAMA CORP shares in the near future. More…
Summary
Investors looking to invest in TOKUYAMA CORP may find the company attractive due to its consistent dividend yield of 3.03% per year over the past three years. This is significantly higher than the current market average dividend yield, making it an attractive choice for value-oriented investors. The company has been able to consistently pay out this dividend in spite of challenging market conditions, suggesting a strong financial position.
Additionally, the stock appears to be fairly valued, with a reasonable P/E ratio and P/B ratio. As such, TOKUYAMA CORP may be a good option for investors seeking a reliable source of income.
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