Toyo Logistics stock dividend – Toyo Logistics Co Ltd Declares 5.0 Cash Dividend!

Dividends Yield

On March 1 2023, Toyo Logistics ($TSE:9306) Co Ltd Declares 5.0 Cash Dividend!. This is great news for investors who are looking for a dividend stock, as TOYO LOGISTICS could be a great option for them. The company has consistently issued an annual dividend per share of 10.0 JPY, 9.5 JPY, and 8.0 JPY in the last 3 years, resulting in dividend yields of 3.2%, 2.95%, and 2.35%, for an average dividend yield of 2.83%.

The ex-dividend date is set for March 30 2023, so investors who buy TOYO LOGISTICS stock on or before this day will be eligible to receive the dividend payment. Therefore, investing in TOYO LOGISTICS now could prove to be a great opportunity for investors to secure a strong return on their investment.

Price History

The company’s stock opened at JP¥294.0 and closed at JP¥296.0, making a 0.7% gain from its prior closing price of 294.0. This dividend is expected to be a reward for shareholders who have remained loyal to the company over the years. It is anticipated that the dividend will make a positive return for its shareholders in the long run. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Toyo Logistics. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Toyo Logistics. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Toyo Logistics. More…

Key Ratios Snapshot

Some of the financial key ratios for Toyo Logistics are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of TOYO LOGISTICS‘ wellbeing. Our results show that TOYO LOGISTICS is a low risk investment in terms of financial and business aspects, according to our Risk Rating system. However, upon closer inspection, we have detected two risk warnings in TOYO LOGISTICS’ income sheet and balance sheet. We suggest that if you are interested in learning more about TOYO LOGISTICS, you register on goodwhale.com to further check out the risks that our analysis has uncovered. More…

Peers

The competition between Toyo Logistics Co Ltd and its competitors Transimex Corp, Cargotrans Maritime Ltd, and Containerway International Ltd has been fierce in recent years as each company strives to be the top choice in the logistics industry. With varied services and an ever-changing landscape, the competition is only expected to intensify in the future.

– Transimex Corp ($HOSE:TMS)

Transimex Corporation is a global logistics and supply chain management company that develops and implements innovative solutions for the transportation of goods and services. Its market capitalization of 6.32 trillion dollars as of 2023 reflects the impressive growth the company has seen over the years and its success in meeting the demands of its customers. Transimex also has an impressive Return on Equity (ROE) of 17.4%. This indicates that the company is able to effectively utilize its equity to generate income and achieve a higher rate of return than its competitors.

Summary

Toyo Logistics is a great option for investors looking for a dividend stock. The stock has provided an average dividend yield of 2.83% over the past three years, with the most recent dividend of 8 JPY per share. Analysts suggest that Toyo Logistics is undervalued, making it a good buy. The company has taken steps to improve its financials, such as cutting costs and increasing efficiency, leading to higher profits and better cash flow.

Toyo Logistics also has a strong balance sheet, with low debt levels. Overall, Toyo Logistics offers a great investment opportunity with its attractive dividends and solid fundamentals.