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Tenox Corporation
1905.JP
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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.

Simplywall·
1905
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Simplywall·
1905
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Tenox (TSE:1905) Is Increasing Its Dividend To ¥29.00

Tenox Corporation (TSE:1905) has announced a 53% increase in its dividend to ¥29.00, effective June 30, up from ¥19.00 last year, aligning its yield with the industry average at 3.4%. The dividend is well-covered by earnings, but EPS may decline by 4.0% if trends continue. Despite a strong dividend growth history, concerns remain due to past cuts and declining EPS, making future growth uncertain. Investors are advised to consider these factors before investing in Tenox for income.

Simplywall·
1905
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Simplywall·
1905
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Tenox Corporation Revises FY2024 Financial and Dividend Forecasts

Tenox Corporation has revised its FY2024 financial and dividend forecasts, citing a slight decline in net sales due to delays in soil improvement work. However, the company anticipates an increase in operating and ordinary income due to improved construction efficiency. The dividend forecast has been raised, reflecting stronger business performance and a stable financial position, aimed at providing a stable return to shareholders. Tenox operates in the construction industry, focusing on large-scale pile construction for infrastructure projects.

Tip Ranks·
1905
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Tip Ranks·
1905
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Tenox (TSE:1905) Will Pay A Larger Dividend Than Last Year At ¥22.00

Tenox Corporation (TSE:1905) will increase its dividend to ¥22.00 on June 30, a 16% rise from last year's ¥19.00, aligning with the industry average yield of 3.5%. Despite sufficient earnings to cover the dividend, concerns arise as EPS may decline by 4.0% next year. The company's dividend history shows instability, with a CAGR of 13% since 2015 but recent cuts. Caution is advised for dividend investors due to potential earnings decline and three significant warning signs identified for Tenox.

Simplywall·
1905
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Simplywall·
1905
0.00%