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Founded in 1964 and headquartered in Tokyo, Japan, Tokyo Century (TCNRF)  is a provider of various leasing and financing solutions.

The end markets for Century Tokyo Leasing are Japan and Ireland.

 The company was formerly known as Century Tokyo Leasing Corporation and changed its name to Tokyo Century Corporation in October 2016

Three key data points gauge

Tokyo Century or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

TCNRF Price

Tokyo Century’s price increased almost 27% for the year as of Tuesday May 13th’s closing market price, rising from $8.13to $10.32.

TCNRF Dividends

Tokyo Century has paid variable semi-annual dividends since September, 2012.

The current forward looking annual dividend of $0.39 yields 3.78% per Tuesday’s May 13th closing market price.

TCNRF Returns

Putting it all together, a $1.17 estimated gross gain per share shows up when adding TCNRF’s annual $0.39 dividend to an estimated $0.78 annual price gain, totaling that $1.17 gross gain amount.

A little over $1000 invested at the recent $10.32 price would buy 97 shares which, multiplies the $1.17 gross gain to $113.49.

Furthermore about one-third of that gain comes from the $37.80 in dividends generated from a $1,000 investment and the $37.80 amounts to about 3.7 times more than the recent $10.32 single-share price.

(A dividend dogcatcher rule is to never buy a dividend from $1000 invested that pays less than the cost of a single share.)

Therefore, you may choose to pounce on Tokyo Century and its 3.78% dividend yield along with its 13 year dividend record.

The exact track of TCNRF’s future prices and dividends will entirely be determined by market action and company finances.  

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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