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Dividend Yield: 4.4%

Toyo Kanetsu K.K.'s dividend payments have been inconsistent over the past decade, despite a 10-year growth trend. The dividends are well covered by earnings and cash flows, with payout ratios of 37.1% and 42.4%, respectively. Trading at 53.6% below estimated fair value, its dividend yield of 4.38% ranks in the top quarter of Japanese market payers (3.84%). However, large one-off items have impacted its financial results recently, affecting earnings quality.

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

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

Suzuden

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

Overview: Suzuden Corporation operates in Japan, focusing on the purchasing and selling of electrical and electronic components, with a market cap of ¥25.77 billion.

Operations: Suzuden Corporation's revenue is primarily derived from its Electrical and Electronic Components Sales segment, which generated ¥45.70 billion, complemented by its Manufacturing Business segment with ¥255.66 million.

Dividend Yield: 4.8%

Suzuden's dividend yield of 4.84% ranks in the top 25% of Japanese market payers, supported by an earnings payout ratio of 82.3% and a low cash payout ratio of 28.6%, indicating robust coverage. Despite this, Suzuden has a volatile and unreliable dividend history over the past decade, with significant fluctuations exceeding 20%. The stock trades at a substantial discount to its estimated fair value, potentially offering value for investors seeking dividends.

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

• According our valuation report, there's an indication that Suzuden's share price might be on the expensive side.

Summing It All Up

• Explore the 1962 names from our Top Dividend Stocks screener here.

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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 OB:JAREN TSE:6369 and TSE:7480.

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