Tenox (TSE:1905) Has Announced A Dividend Of ¥26.00
Tenox Corporation (TSE:1905) has announced a dividend of ¥26.00 per share, payable on December 3rd, resulting in a dividend yield of 3.7%. The company's earnings cover the dividend, with projected earnings per share growth of 16.3% over the next year. Despite a history of dividend cuts, Tenox has shown a compound annual growth rate of 13% in dividends over the past decade. With a low payout ratio and growing earnings, Tenox is considered an attractive income stock, although potential investors should be aware of two warning signs.
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