Asahi Kasei Corp Dividend yield




   JPY/share 
 Price  1,055.00
 Dividend  33.02
 Earnings  74.82
 Cash-flow  90.17
 Book value  959.09
 Equity  984.47

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 paid a total dividend of 45,832 million JPY last year, for a market value of 1,464,340 millions (Market Cap 1,302,170 millions). Dividend per share of Asahi Kasei Corp is 33.02 JPY, and his stock market price 1,055.00 JPY.

According to the chart below, where dividend yield is displayed, Asahi Kasei Corp has a dividend yield of 3.13%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Asahi Kasei Corp dividend yield with other Chemicals companies or firms from Japan.

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 33.02 per share, an amount that accounts for 3.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asahi Kasei Corp payout on ernings is currently 44.13%, which is higher than the market average, and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures show that Asahi Kasei Corp can have problems to keep with his present dividend yield.

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 90.17 per share, which is higher than the dividend per share paid by the company of JPY 33.02, 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

Year Yield  JPY  Paypout  Shares* 
Present3.13%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

Asahi Kasei Corp Stock performance

Finally, last moth Asahi Kasei Corp showed a return of 10.20% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a -14.50% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Asahi Kasei Corp stock and market return