Yahoo Finance Toyota Tsusho Corp's Dividend Analysis
Unfolding Toyota Tsusho Corp's Dividend Potential
Toyota Tsusho Corp (TYHOF) recently announced a dividend of $125 per share, payable on a date yet to be announced, with the ex-dividend date set for 2024-03-28. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Toyota Tsusho Corps dividend performance and assess its sustainability.
What Does Toyota Tsusho Corp Do?
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Toyota Tsusho Corporation is a multifaceted trading company with a global presence. It operates through six major divisions, including Metal, Global Parts and Logistics, Automobile, Machinery, Energy and Plant Project, Chemical and Electronics, and Food and Customer Services. The company's breadth of operations spans from steel products and automotive parts to electronics and food, with a significant sales footprint in the Asian market.
A Glimpse at Toyota Tsusho Corp's Dividend History
Toyota Tsusho Corp has established a reputation for consistent dividend payments since 2012, with distributions occurring bi-annually. Below is a chart showing annual Dividends Per Share to track historical trends.
Breaking Down Toyota Tsusho Corp's Dividend Yield and Growth
As of today, Toyota Tsusho Corp boasts a 12-month trailing dividend yield of 2.62% and a 12-month forward dividend yield of 3.11%, indicating anticipated dividend increases over the next year.
Over the past three years, Toyota Tsusho Corp's annual dividend growth rate was an impressive 22.50%. This rate slightly moderated to 15.60% when extended to a five-year horizon. However, over the past decade, the company's annual dividends per share growth rate stands at a robust 15.20%.
Considering Toyota Tsusho Corp's dividend yield and five-year growth rate, the 5-year yield on cost for the stock is approximately 5.41% as of today.
The Sustainability Question: Payout Ratio and Profitability
Toyota Tsusho Corp's dividend payout ratio is a modest 0.25 as of 2023-12-31, suggesting a balanced approach between distributing earnings and retaining funds for growth and stability. The company's profitability rank is a commendable 7 out of 10, reflecting good profitability prospects and consistent net profit over the past 9 out of 10 years.
Growth Metrics: The Future Outlook
Toyota Tsusho Corp's growth rank of 7 indicates a positive growth trajectory. The company's revenue per share and 3-year revenue growth rate demonstrate a strong revenue model, outperforming approximately 70.65% of global competitors with an average annual increase of 13.70%.
The 3-year EPS growth rate underscores the company's earning potential, surpassing approximately 65.59% of global competitors with an average annual increase of 29.70%. Additionally, Toyota Tsusho Corp's 5-year EBITDA growth rate of 16.10% further solidifies its competitive standing.
Next Steps
In conclusion, Toyota Tsusho Corp's dividend payments, growth rate, payout ratio, profitability, and growth metrics collectively present a compelling case for investors. The company's financial health and strategic market positioning suggest that its dividends are not only sustainable but poised for growth. Investors seeking to diversify their portfolio with a stock that offers a blend of consistent dividends and growth potential may find Toyota Tsusho Corp to be an attractive option.
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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
