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Dividend Yield: 4%

Toho's dividend yield of 4.01% ranks in the top 25% among Japanese dividend payers, supported by a low payout ratio of 32.4%, indicating solid earnings coverage. The cash payout ratio is also low at 20%, suggesting strong free cash flow backing. However, dividends have been volatile over the past decade, with significant annual drops exceeding 20%. Recent guidance projects net sales of ¥246 billion and operating profit of ¥7.3 billion for fiscal year ending January 2025.

• Get an in-depth perspective on Toho's performance by reading our dividend report here.

• Upon reviewing our latest valuation report, Toho's share price might be too pessimistic.

Kian Shen

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Kian Shen Corporation, with a market cap of NT$4.76 billion, manufactures and sells automobile body frames, stamping dies, and woodworking products in Taiwan.

Operations: Kian Shen Corporation's revenue is derived from its Manufacturing Segment, which totals NT$1.45 billion.

Dividend Yield: 5.1%

Kian Shen's dividend yield of 5.08% places it in the top 25% of Taiwan's market, but its sustainability is questionable due to a payout ratio of 89.5% and lack of free cash flow coverage. Despite past increases, dividends have been volatile over the last decade. Recent earnings show a decline with net income at TWD 302.16 million compared to TWD 403.82 million previously, potentially impacting future dividend reliability.

• Click here to discover the nuances of Kian Shen with our detailed analytical dividend report.

• Our valuation report here indicates Kian Shen may be overvalued.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSE:6890 TSE:8142 and TWSE:1525.

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