Asics Corp Dividend yield




   JPY/share 
 Price  1,980.00
 Dividend  23.96
 Earnings  38.82
 Cash-flow  80.82
 Book value  825.00
 Equity  862.67

Asics Corp is part of Personal Goods business, which is part of Consumer Goods industry. Asics Corp is a company from Japan, and his stocks are publicly traded.

Asics Corp paid a total dividend of 4,385 million JPY last year, for a market value of 362,340 millions (Market Cap 336,407 millions). Dividend per share of Asics Corp is 23.96 JPY, and his stock market price 1,980.00 JPY.

According to the chart below, where dividend yield is displayed, Asics Corp has a dividend yield of 1.21%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Asics Corp dividend yield with other Personal Goods companies or firms from Japan.

Dividend yield of Asics Corp

Asics Corp Dividend Payout

About the ability of Asics Corp to maintain his current dividend of JPY 23.96 per share, an amount that accounts for 1.21%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asics Corp payout on ernings is currently 61.72%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.57% and 36.83% respectively. Both figures show that Asics 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 Asics Corp is JPY 80.82 per share, which is higher than the dividend per share paid by the company of JPY 23.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Asics Corp, compared againt world market average, Japan companies, Consumer Goods industry and Personal Goods sector companies.

Asics Corp payout

Asics Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.21%23.9661.72%183
20191.32%23.97-21.78%185
20181.71%24.0334.89%189
20171.31%23.5328.69%190
20160.98%23.6041.17%190
20150.84%23.6214.62%190

*In millions

Asics Corp Stock performance

Finally, last moth Asics Corp showed a return of 5.30% compared to a worldwide 3.99% average, and a 4.60% of Consumer Goods firms. Over the last year, the company obtained a 9.00% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Personal Goods firms.

Asics Corp stock and market return