TYK Corporation (TSE:5363) Passed Our Checks, And It's About To Pay A JP¥9.00 Dividend

TYK Corporation (TSE:5363) is set to go ex-dividend in three days, with a dividend payment of JP¥9.00 per share on December 16. The company has a modest payout ratio of 33% of profit and distributed 38% of its free cash flow as dividends, indicating sustainability. TYK's earnings per share have grown 16% annually over the past five years, and it has delivered an average 25% annual increase in dividends over the last decade. Despite a past dividend cut, the current analysis suggests TYK is a solid investment for dividend seekers, though investors should be aware of potential risks.