Concordia Financial Dividend yield

Concordia Financial is part of Banks business, which is part of Financials industry. Concordia Financial is a company from Japan, and his stocks are publicly traded.

Concordia Financial stock dividend

Concordia Financial paid a total dividend of 22,294 million JPY last year, for a market value of 758,404 millions (Market Cap 698,580 millions). Concordia Financial dividend per share is 18.99 JPY, and his stock market price 646.00 JPY.

According to the chart below, where dividend yield is displayed, Concordia Financial has a dividend yield of 2.94%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Concordia Financial stocks dividend with other Banks companies or other of the best Japan dividend stocks list.

Concordia Financial Dividend Payout

About the ability of Concordia Financial to maintain his current dividend of JPY 18.99 per share, an amount that accounts for 2.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Concordia Financial payout on ernings is currently 39.69%, which is higher than the market average, but lower than companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Concordia Financial should not have problems to continue paying his 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 Concordia Financial is JPY 76.00 per share, which is higher than the dividend per share paid by the company of JPY 18.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Concordia Financial, compared againt world market average, Japan companies, Financials industry and Banks sector companies.

Concordia Financial Dividend History

Below you will find a table with the historical evolution of Concordia Financial'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*
Present	2.94%	18.99	39.69%	1,174
2022	3.55%	19.53	42.97%	1,185
2021	3.83%	16.01	76.20%	1,207
2020	4.41%	16.01	41.46%	1,206
2019	3.87%	17.49	39.08%	1,208
2018	3.08%	13.00	24.64%	1,263
2017	1.91%	12.99	12.99%	1,263
2016	2.28%	11.99	0.00%	1,300

*In millions

Concordia Financial Stock performance

Finally, last moth Concordia Financial showed a return of -0.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 46.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Banks firms.