Dividend Yield: 5.4%

Mitsui O.S.K. Lines offers a dividend yield in the top 25% of the Japanese market, supported by a low payout ratio of 29.4%, yet its dividends have been volatile over the past decade and are not covered by free cash flows. The company recently increased its annual dividend guidance to ¥300 per share due to revised earnings forecasts, despite high debt levels and expected earnings decline. A share buyback program aims to enhance shareholder returns and corporate value.

• Delve into the full analysis dividend report here for a deeper understanding of Mitsui O.S.K. Lines.

• Our comprehensive valuation report raises the possibility that Mitsui O.S.K. Lines is priced lower than what may be justified by its financials.

Tong Yang Industry

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

Overview: Tong Yang Industry Co., Ltd. manufactures and sells automobile and motorcycle parts, components, and models in Taiwan, China, the United States, and internationally with a market cap of NT$65.65 billion.

Operations: Tong Yang Industry Co., Ltd. generates revenue through the production and distribution of automotive and motorcycle parts, components, and models across Taiwan, China, the United States, and other international markets.

Dividend Yield: 3.6%

Tong Yang Industry's dividend payments are covered by earnings and cash flows, with payout ratios of 60.8% and 59%, respectively, but have been unreliable over the past decade due to volatility. Recent earnings growth of 51.7% year-over-year suggests improved financial health, though its dividend yield of 3.6% is below the top tier in Taiwan's market. The company's sales increased to TWD 18.68 billion for nine months ended September 2024, indicating robust revenue performance despite a slight dip in quarterly net income.

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

• The valuation report we've compiled suggests that Tong Yang Industry's current price could be quite moderate.

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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 BME:BBVA TSE:9104 and TWSE:1319.

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