Denki Kagaku Kogyo Dividend yield

Denki Kagaku Kogyo is part of Chemicals business, which is part of Basic Materials industry. Denki Kagaku Kogyo is a company from Japan, and his stocks are publicly traded.

Denki Kagaku Kogyo stock dividend

Denki Kagaku Kogyo paid a total dividend of 8,603 million JPY last year, for a market value of 236,328 millions (Market Cap 236,916 millions). Denki Kagaku Kogyo dividend per share is 100.03 JPY, and his stock market price 2,748.00 JPY.

According to the chart below, where dividend yield is displayed, Denki Kagaku Kogyo has a dividend yield of 3.64%, 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 Denki Kagaku Kogyo stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Denki Kagaku Kogyo Dividend Payout

About the ability of Denki Kagaku Kogyo to maintain his current dividend of JPY 100.03 per share, an amount that accounts for 3.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Denki Kagaku Kogyo payout on ernings is currently 67.71%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Denki Kagaku Kogyo 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 Denki Kagaku Kogyo is JPY 103.70 per share, which is higher than the dividend per share paid by the company of JPY 100.03, so the company generates enough cash to maintain his dividend in the future.

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

Denki Kagaku Kogyo Dividend History

Below you will find a table with the historical evolution of Denki Kagaku Kogyo'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	3.64%	100.03	67.71%	86
2022	4.79%	144.90	47.90%	86
2021	3.59%	134.98	50.98%	86
2020	3.10%	124.93	47.43%	86
2019	3.67%	120.01	41.84%	87
2018	3.70%	115.07	43.66%	88
2017	1.88%	84.88	41.36%	89
2016	2.77%	13.99	31.58%	443
2015	2.11%	11.48	27.64%	458

*In millions

Then you can see the evolution of Denki Kagaku Kogyo dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Denki Kagaku Kogyo Stock performance

Finally, last moth Denki Kagaku Kogyo showed a return of -2.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -17.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.