About Towa Pharmaceutical Co., Ltd. (TWAPF) — Dividend Analysis 2026
Towa Pharmaceutical Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells ethical drugs, active pharmaceutical ingredients, and intermediates in Japan. The company provides its products in the therapeutic areas of diabetes, digestive system, nervous system, and allergic diseases, as well as vitamins, antibiotics, and oncology products. It had a portfolio of approximately 700 drug products. Towa Pharmaceutical Co., Ltd. was founded in 1951 and is headquartered in Osaka, Japan.
Is TWAPF a good dividend investment in 2026?
TWAPF offers a 2.78% forward yield with a 50% payout ratio. Strand Safety Score: 60/100 (Moderate Risk). The 5-year dividend CAGR of 42.8% demonstrates strong, consistent growth that outpaces inflation.
TWAPF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TWAPF portfolio grows to $10.95M vs $10.27M without reinvestment. This is the compound interest effect in action.
TWAPF dividend growth history & forecast
TWAPF has grown its dividend by 0% over the last year and 42.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 2.78%.
Company generates negative FCF ($-7.8B) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+19.0B → +16.2B → +2.2B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
60
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TWAPF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TWAPF.
Gross yield
2.78%
Tax rate
15.00%
After-tax yield
2.36%
Real yield (−CPI)
-0.44%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2.78%
-0.02%
$278 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.36%
-0.44%
$236 / yr
🇺🇸 US Taxable (20%)
20%
2.22%
-0.58%
$222 / yr
🇬🇧 UK ISA
0%
2.78%
-0.02%
$278 / yr
🇬🇧 UK Taxable
8.75%
2.54%
-0.26%
$254 / yr
🇨🇦 TFSA
0%
2.78%
-0.02%
$278 / yr
🇨🇦 CA Taxable
25%
2.08%
-0.71%
$209 / yr
🇦🇺 Super (pension)
15%
2.36%
-0.44%
$236 / yr
🇦🇺 AU Taxable
30%
1.95%
-0.85%
$195 / yr
🇩🇪 DE Taxable
26.375%
2.05%
-0.75%
$205 / yr
🇫🇷 FR Taxable
30%
1.95%
-0.85%
$195 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TWAPF Income Goal & Break-Even
Dividend Break-Even
9yr
Years for dividends to fully repay your TWAPF investment of $16.83/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$28.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$25.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TWAPF for:
Shares needed
60,343
Capital required
$1,015,573
Monthly income
$2,000
Based on current dividend of $0.47/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TWAPF Dividend Payment Schedule
TWAPF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.99 / payment
$3.98 / year after tax
100 shares
$9.94 / payment
$39.77 / year after tax
1,000 shares
$99.43 / payment
$397.73 / year after tax
📊 TWAPF vs Healthcare Benchmarks
How TWAPF compares to typical Healthcare averages.
Benchmark: Healthcare
Dividend Yield▼-0.02% vs sectorBelow avg
TWAPF
2.78%
avg
2.80%
5Y Dividend CAGR▲+36.00% vs sectorBetter
TWAPF
42.80%
avg
6.80%
Payout Ratio▲-5.00% vs sectorBetter
TWAPF
50.00%
avg
55.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TWAPF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TWAPF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-05-14(in 44 days)EPS estimate: $1.00
🔬
Financial Health Scores
Altman Z-Score
1.90
⚠️ Grey Zone — monitor closely
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TWAPF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →