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Dividend Yield: 4.5%

Yushiro Chemical Industry's dividends are well-covered by earnings and cash flows, with payout ratios of 29.5% and 42.4%, respectively. While the dividend yield is in the top 25% of JP market payers, past payments have been volatile. Recent dividend increases suggest growth potential, supported by a share buyback program aimed at enhancing capital efficiency. The company trades significantly below its estimated fair value, indicating potential undervaluation despite a highly volatile share price recently.

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

• Our comprehensive valuation report raises the possibility that Yushiro Chemical Industry is priced lower than what may be justified by its financials.

Tokai Carbon

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

Overview: Tokai Carbon Co., Ltd. is a Japanese company that manufactures and sells carbon-related products and services, with a market cap of ¥197.31 billion.

Operations: Tokai Carbon Co., Ltd.'s revenue segments include Fine Carbon at ¥53.71 billion, Graphite Electrodes at ¥51.48 billion, Smelting and Lining at ¥69.80 billion, Carbon Black Business at ¥156.69 billion, and Industrial Furnaces and Related Products at ¥14.31 billion.

Dividend Yield: 3.2%

Tokai Carbon's dividends are covered by earnings and cash flows, with payout ratios of 72.7% and 78.1%, respectively. However, the dividend yield is lower than the top 25% in the JP market. Despite an increase in dividends over the past decade, payments have been volatile and unreliable. Profit margins have decreased to 2.7% from last year's 7.7%, raising concerns about future dividend stability despite projected earnings growth of nearly 29%.

• Delve into the full analysis dividend report here for a deeper understanding of Tokai Carbon.

• Our expertly prepared valuation report Tokai Carbon implies its share price may be too high.

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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 BMV:KIMBER A TSE:5013 and TSE:5301.

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