<p><strong>TOKAI Corp.</strong>（東京證券交易所代碼：9729）宣佈將於 12 月 9 日提高其定期股息至 34.00 日元，比去年相應的支付金額 29.00 日元高出 17%。這將使年度支付佔股價的 2.7%，高於行業內大多數公司的支付水平。</p>
<p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展有望受益。</p>
<h2>TOKAI 的支付可能具有穩健的盈利覆蓋能力</h2>
<p>如果高股息收益率無法持續，那麼幾年的高股息收益率意義不大。TOKAI 最近的股息很容易被其盈利覆蓋。這表明相當大比例的盈利被再投資於業務中。</p>
<p>展望未來，預計每股收益將在明年增長 11.5%。如果股息繼續沿着最近的趨勢發展，我們估計支付比率將為 49%，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/5875154-historic-dividend-1-dark-2/1756860969608?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/5875154-historic-dividend-1-dark-2/1756860969608"/></p>
<p>東京證券交易所：9729 歷史股息 2025 年 9 月 3 日</p>
<p>查看我們對 TOKAI 的最新分析</p>
<h2>股息波動性</h2>
<p>儘管公司已經支付股息很長時間，但在過去 10 年中至少削減過一次股息。自 2015 年以來，股息從每年總計 16.00 日元增長到 58.00 日元。這意味着在此期間其分配年均增長 14%。雖然股息在這段時間內迅速增長，但由於過去的削減，我們不確定這隻股票在未來是否會成為可靠的收入來源。</p>
<h2>股息的增長前景有限</h2>
<p>鑑於過去曾削減股息，我們需要檢查盈利是否在增長，以及這是否可能導致未來更強的股息。儘管需要注意的是，TOKAI 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。</p>
<h2>我們對 TOKAI 股息的看法</h2>
<p>總之，雖然看到股息上升總是令人高興，但我們認為 TOKAI 的支付並不穩固。這些支付並沒有特別穩定，我們也沒有看到巨大的增長潛力，但由於股息得到了現金流的良好覆蓋，短期內可能會證明是可靠的。我們對主要依賴這隻股票的股息收入持謹慎態度。</p>
<p>擁有穩定股息政策的公司可能會比那些遭受不穩定政策的公司更受投資者關注。同時，在投入資本之前，我們的讀者還應關注其他因素。例如，我們挑選出了 <strong>TOKAI 的 3 個警示信號</strong>，投資者應考慮這些因素。TOKAI 是否不是您所尋找的機會？為什麼不查看我們 <strong>精選的頂級股息股票</strong>？</p>

9729

<p>TOKAI 公司（東京證券交易所代碼：9729）將於 12 月 9 日將股息提高至 34.00 日元，比去年的 29.00 日元增長 17%。這使得年收益率達到 2.7%，高於行業平均水平。儘管股息由盈利良好覆蓋，但由於過去的削減和過去五年每股收益停滯，仍然存在擔憂。預計派息比率為 49%，表明短期內的可持續性，但增長潛力似乎有限。投資者在依賴該股票作為股息收入時應保持謹慎，考慮潛在的警示信號</p>

<p><strong>TOKAI Corp.</strong> (TSE:9729) has announced that it will be increasing its periodic dividend on the 9th of December to ¥34.00, which will be 17% higher than last year's comparable payment amount of ¥29.00. This will take the annual payment to 2.7% of the stock price, which is above what most companies in the industry pay.</p>
<div class="lb-trans"><p><strong>TOKAI Corp.</strong>（東京證券交易所代碼：9729）宣佈將於 12 月 9 日提高其定期股息至 34.00 日元，比去年相應的支付金額 29.00 日元高出 17%。這將使年度支付佔股價的 2.7%，高於行業內大多數公司的支付水平。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展有望受益。</p>
</div><h2>TOKAI's Payment Could Potentially Have Solid Earnings Coverage</h2>
<div class="lb-trans"><h2>TOKAI 的支付可能具有穩健的盈利覆蓋能力</h2>
</div><p>A big dividend yield for a few years doesn't mean much if it can't be sustained. The last dividend was quite easily covered by TOKAI's earnings. This indicates that quite a large proportion of earnings is being invested back into the business.</p>
<div class="lb-trans"><p>如果高股息收益率無法持續，那麼幾年的高股息收益率意義不大。TOKAI 最近的股息很容易被其盈利覆蓋。這表明相當大比例的盈利被再投資於業務中。</p>
</div><p>Looking forward, earnings per share is forecast to rise by 11.5% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 49%, 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 11.5%。如果股息繼續沿着最近的趨勢發展，我們估計支付比率將為 49%，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/5875154-historic-dividend-1-dark-2/1756860969608" alt="" original-src="https://images.simplywall.st/asset/chart/5875154-historic-dividend-1-dark-2/1756860969608"/></p>
<p>TSE:9729 Historic Dividend September 3rd 2025</p>
<div class="lb-trans"><p>東京證券交易所：9729 歷史股息 2025 年 9 月 3 日</p>
</div><p>View our latest analysis for TOKAI</p>
<div class="lb-trans"><p>查看我們對 TOKAI 的最新分析</p>
</div><h2>Dividend Volatility</h2>
<div class="lb-trans"><h2>股息波動性</h2>
</div><p>While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the dividend has gone from ¥16.00 total annually to ¥58.00. This means that it has been growing its distributions at 14% per annum over that time. Dividends have grown rapidly over this time, but with cuts in the past we are not certain that this stock will be a reliable source of income in the future.</p>
<div class="lb-trans"><p>儘管公司已經支付股息很長時間，但在過去 10 年中至少削減過一次股息。自 2015 年以來，股息從每年總計 16.00 日元增長到 58.00 日元。這意味着在此期間其分配年均增長 14%。雖然股息在這段時間內迅速增長，但由於過去的削減，我們不確定這隻股票在未來是否會成為可靠的收入來源。</p>
</div><h2>The Dividend's Growth Prospects Are Limited</h2>
<div class="lb-trans"><h2>股息的增長前景有限</h2>
</div><p>Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Although it's important to note that TOKAI'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.</p>
<div class="lb-trans"><p>鑑於過去曾削減股息，我們需要檢查盈利是否在增長，以及這是否可能導致未來更強的股息。儘管需要注意的是，TOKAI 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。</p>
</div><h2>Our Thoughts On TOKAI's Dividend</h2>
<div class="lb-trans"><h2>我們對 TOKAI 股息的看法</h2>
</div><p>In summary, while it's always good to see the dividend being raised, we don't think TOKAI's payments are rock solid. The payments haven't been particularly stable and we don't see huge growth potential, but with the dividend well covered by cash flows it could prove to be reliable over the short term. We would be a touch cautious of relying on this stock primarily for the dividend income.</p>
<div class="lb-trans"><p>總之，雖然看到股息上升總是令人高興，但我們認為 TOKAI 的支付並不穩固。這些支付並沒有特別穩定，我們也沒有看到巨大的增長潛力，但由於股息得到了現金流的良好覆蓋，短期內可能會證明是可靠的。我們對主要依賴這隻股票的股息收入持謹慎態度。</p>
</div><p>Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For instance, we've picked out <strong>3 warning signs for TOKAI</strong> that investors should take into consideration. Is TOKAI not quite the opportunity you were looking for? Why not check out our <strong>selection of top dividend stocks.</strong></p>
<div class="lb-trans"><p>擁有穩定股息政策的公司可能會比那些遭受不穩定政策的公司更受投資者關注。同時，在投入資本之前，我們的讀者還應關注其他因素。例如，我們挑選出了 <strong>TOKAI 的 3 個警示信號</strong>，投資者應考慮這些因素。TOKAI 是否不是您所尋找的機會？為什麼不查看我們 <strong>精選的頂級股息股票</strong>？</p>
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TOKAI（TSE:9729）的股東將獲得比去年更豐厚的股息