<p><strong>東曹株式會社</strong> (TSE:4042) 宣佈將於 12 月 4 日支付每股 50.00 日元的股息。這意味着年支付額佔當前股價的 4.4%，高於行業平均水平。</p>
<p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前入場。</p>
<h2>東曹未來的股息預測似乎得到了盈利的良好支持</h2>
<p>幾年的高股息收益率並不意味着什麼，如果它無法持續。根據上一次的股息，東曹的盈利足以覆蓋支付，但這佔現金流的 121%。雖然公司此時可能更專注於向股東返還現金而不是發展業務，但我們認為如此高的現金支付比率可能會在業務遇到挑戰時使股息面臨削減的風險。</p>
<p>展望未來，預計每股收益將在明年增長 9.8%。如果股息繼續沿着近期趨勢發展，我們估計支付比率將為 57%，這在我們認為股息可持續的範圍內。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874516-historic-dividend-1-dark-2/1753492821042?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874516-historic-dividend-1-dark-2/1753492821042"/></p>
<p>TSE:4042 歷史股息 2025 年 7 月 26 日</p>
<p>查看我們對東曹的最新分析</p>
<h2>東曹有着穩健的業績記錄</h2>
<p>該公司有着長期支付穩定股息的歷史。自 2015 年以來，股息從每年總計 12.00 日元增長到 100.00 日元。這相當於在此期間約 24% 的年複合增長率（CAGR）。長期快速增長的股息對收入股票來説是一個非常有價值的特徵。</p>
<h2>股息增長可能難以實現</h2>
<p>投資者可能會基於其支付歷史的質量而被吸引到這隻股票。儘管需要注意的是，東曹的每股收益基本上沒有從五年前的水平增長，這可能會隨着時間的推移侵蝕股息的購買力。每年 1.3% 的增長並不特別高，這可能解釋了為什麼公司支付了更高比例的收益。這本身並不壞，但除非收益增長加快，否則我們不期望股息也會增長。</p>
<h2>總結</h2>
<p>總體而言，我們認為這家公司並不是一個優秀的股息股票，即使今年股息沒有被削減。雖然低支付比率是一個值得肯定的特徵，但這被覆蓋支付的現金極少所抵消。我們可能會在其他地方尋找收入投資。</p>
<p>投資者通常傾向於青睞具有一致、穩定股息政策的公司，而不是那些運營不規律的公司。然而，在分析股票表現時，投資者還有其他因素需要考慮。例如，我們挑選出了 <strong>東曹的 1 個警示信號</strong>，投資者應予以考慮。如果您是股息投資者，您可能還想查看我們 <strong>精心挑選的高收益股息股票列表。</strong></p>

4042

<p>東曹株式會社（TSE:4042）宣佈每股派發股息 50.00 日元，將於 12 月 4 日支付，收益率為 4.4%。儘管收益能夠覆蓋股息，但 121% 的現金流派息比率引發了可持續性擔憂。預計明年的每股收益將增長 9.8%，這可能會將派息比率降低至 57%。儘管擁有穩健的股息歷史，但收益增長停滯，使其作為股息股票的吸引力降低。投資者可能需要考慮其他收入投資選項</p>

<p><strong>Tosoh Corporation</strong> (TSE:4042) has announced that it will pay a dividend of ¥50.00 per share on the 4th of December. This means the annual payment is 4.4% of the current stock price, which is above the average for the industry.</p>
<div class="lb-trans"><p><strong>東曹株式會社</strong> (TSE:4042) 宣佈將於 12 月 4 日支付每股 50.00 日元的股息。這意味着年支付額佔當前股價的 4.4%，高於行業平均水平。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前入場。</p>
</div><h2>Tosoh's Future Dividend Projections Appear Well Covered By Earnings</h2>
<div class="lb-trans"><h2>東曹未來的股息預測似乎得到了盈利的良好支持</h2>
</div><p>A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last dividend, Tosoh is earning enough to cover the payment, but then it makes up 121% of cash flows. While the company may be more focused on returning cash to shareholders than growing the business at this time, we think that a cash payout ratio this high might expose the dividend to being cut if the business ran into some challenges.</p>
<div class="lb-trans"><p>幾年的高股息收益率並不意味着什麼，如果它無法持續。根據上一次的股息，東曹的盈利足以覆蓋支付，但這佔現金流的 121%。雖然公司此時可能更專注於向股東返還現金而不是發展業務，但我們認為如此高的現金支付比率可能會在業務遇到挑戰時使股息面臨削減的風險。</p>
</div><p>Looking forward, earnings per share is forecast to rise by 9.8% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 57%, which is in the range that makes us comfortable with the sustainability of the dividend.</p>
<div class="lb-trans"><p>展望未來，預計每股收益將在明年增長 9.8%。如果股息繼續沿着近期趨勢發展，我們估計支付比率將為 57%，這在我們認為股息可持續的範圍內。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874516-historic-dividend-1-dark-2/1753492821042" alt="" original-src="https://images.simplywall.st/asset/chart/874516-historic-dividend-1-dark-2/1753492821042"/></p>
<p>TSE:4042 Historic Dividend July 26th 2025</p>
<div class="lb-trans"><p>TSE:4042 歷史股息 2025 年 7 月 26 日</p>
</div><p>View our latest analysis for Tosoh</p>
<div class="lb-trans"><p>查看我們對東曹的最新分析</p>
</div><h2>Tosoh Has A Solid Track Record</h2>
<div class="lb-trans"><h2>東曹有着穩健的業績記錄</h2>
</div><p>The company has an extended history of paying stable dividends. Since 2015, the dividend has gone from ¥12.00 total annually to ¥100.00. This works out to be a compound annual growth rate (CAGR) of approximately 24% a year over that time. Rapidly growing dividends for a long time is a very valuable feature for an income stock.</p>
<div class="lb-trans"><p>該公司有着長期支付穩定股息的歷史。自 2015 年以來，股息從每年總計 12.00 日元增長到 100.00 日元。這相當於在此期間約 24% 的年複合增長率（CAGR）。長期快速增長的股息對收入股票來説是一個非常有價值的特徵。</p>
</div><h2>Dividend Growth May Be Hard To Achieve</h2>
<div class="lb-trans"><h2>股息增長可能難以實現</h2>
</div><p>Investors could be attracted to the stock based on the quality of its payment history. Although it's important to note that Tosoh's earnings per share has basically not grown from where it was five years ago, which could erode the purchasing power of the dividend over time. Growth of 1.3% per annum is not particularly high, which might explain why the company is paying out a higher proportion of earnings. This isn't bad in itself, but unless earnings growth pick up we wouldn't expect dividends to grow either.</p>
<div class="lb-trans"><p>投資者可能會基於其支付歷史的質量而被吸引到這隻股票。儘管需要注意的是，東曹的每股收益基本上沒有從五年前的水平增長，這可能會隨着時間的推移侵蝕股息的購買力。每年 1.3% 的增長並不特別高，這可能解釋了為什麼公司支付了更高比例的收益。這本身並不壞，但除非收益增長加快，否則我們不期望股息也會增長。</p>
</div><h2>In Summary</h2>
<div class="lb-trans"><h2>總結</h2>
</div><p>Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. While the low payout ratio is a redeeming feature, this is offset by the minimal cash to cover the payments. We would probably look elsewhere for an income investment.</p>
<div class="lb-trans"><p>總體而言，我們認為這家公司並不是一個優秀的股息股票，即使今年股息沒有被削減。雖然低支付比率是一個值得肯定的特徵，但這被覆蓋支付的現金極少所抵消。我們可能會在其他地方尋找收入投資。</p>
</div><p>Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. For instance, we've picked out <strong>1 warning sign for Tosoh</strong> that investors should take into consideration. If you are a dividend investor, you might also want to look at our <strong>curated list of high yield dividend stocks.</strong></p>
<div class="lb-trans"><p>投資者通常傾向於青睞具有一致、穩定股息政策的公司，而不是那些運營不規律的公司。然而，在分析股票表現時，投資者還有其他因素需要考慮。例如，我們挑選出了 <strong>東曹的 1 個警示信號</strong>，投資者應予以考慮。如果您是股息投資者，您可能還想查看我們 <strong>精心挑選的高收益股息股票列表。</strong></p>
</div>

Tosoh（東京證券交易所代碼：4042）已宣佈將派發每股 50.00 日元的股息