Daido Steel Co Dividend yield




A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   JPY per share 
 Price  4,160.00
 Dividend  130.21
 Earnings  495.24
 Cash-flow  670.97
 Book value  6,933.33
 Equity  6,692.43

Daido Steel Co is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Daido Steel Co is a company from Japan, and his stocks are publicly traded.

Daido Steel Co paid a total dividend of 5,599 million JPY last year, for a market value of 178,880 millions (Market Cap 145,418 millions). Dividend per share of Daido Steel Co is 130.21 JPY, and his stock market price 4,160.00 JPY.

According to the chart below, where dividend yield is displayed, Daido Steel Co has a dividend yield of 3.13%, 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 Daido Steel Co dividend yield with other Industrial Metals and Mining companies or firms from Japan.

Dividend yield of Daido Steel Co

Daido Steel Co Dividend Payout

About the ability of Daido Steel Co to maintain his current dividend of JPY 130.21 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). Daido Steel Co payout on ernings is currently 26.29%, which is lower than the market average and companies of Basic Materials industry, which are 41.08% and 44.33% respectively. Both figures lead us to believe that there is confidence that Daido Steel Cocan 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 Daido Steel Co is JPY 670.97 per share, which is higher than the dividend per share paid by the company of JPY 130.21, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Daido Steel Co, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Daido Steel Co payout

Daido Steel Co Stock performance

Finally, last moth Daido Steel Co showed a return of 1.80% compared to a worldwide -0.39% average, and a -2.87% of Basic Materials firms. Over the last year, the company obtained a -24.50% versus a worldwide performance of a -2.47%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.

Daido Steel Co stock and market return

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