Asahi Kasei Corp Dividend yield




   JPY/share 
 Price  942.00
 Dividend  35.98
 Earnings  -65.87
 Cash-flow  65.87
 Book value  1,177.50
 Equity  1,197.64

Asahi Kasei Corp is part of Chemicals business, which is part of Basic Materials industry. Asahi Kasei Corp is a company from Japan, and his stocks are publicly traded.

Asahi Kasei Corp stock dividend

Asahi Kasei Corp paid a total dividend of 49,868 million JPY last year, for a market value of 1,305,612 millions (Market Cap 1,161,807 millions). Asahi Kasei Corp dividend per share is 35.98 JPY, and his stock market price 942.00 JPY.

According to the chart below, where dividend yield is displayed, Asahi Kasei Corp has a dividend yield of 3.82%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Asahi Kasei Corp stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Dividend yield of Asahi Kasei Corp

Asahi Kasei Corp Dividend Payout

About the ability of Asahi Kasei Corp to maintain his current dividend of JPY 35.98 per share, an amount that accounts for 3.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asahi Kasei Corp payout on ernings is currently -54.62%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Asahi Kasei Corpcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Asahi Kasei Corp is JPY 65.87 per share, which is higher than the dividend per share paid by the company of JPY 35.98, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Asahi Kasei Corp, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Asahi Kasei Corp payout

Asahi Kasei Corp Dividend History

Below you will find a table with the historical evolution of Asahi Kasei Corp's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  JPY  Paypout  Shares* 
Present3.82%35.98-54.62%1,386
20223.72%35.0130.14%1,387
20213.15%34.0559.22%1,388
20203.13%33.0244.13%1,388
20192.84%35.0533.23%1,396
20183.27%36.9530.41%1,396
20171.93%28.0634.16%1,397
20161.97%20.0526.20%1,403
20152.38%20.0424.51%1,403

*In millions

Then you can see the evolution of Asahi Kasei Corp dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Asahi Kasei Corp stock dividend history

Asahi Kasei Corp Stock performance

Finally, last moth Asahi Kasei Corp showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -7.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Asahi Kasei Corp stock and market return