Hitachi Construction Dividend yield




   JPY/share 
 Price  2,879.00
 Dividend  109.98
 Earnings  389.05
 Cash-flow  184.55
 Book value  2,879.00
 Equity  2,628.72

Hitachi Construction is part of Industrial Engineering business, which is part of Industrials industry. Hitachi Construction is a company from Japan, and his stocks are publicly traded.

Hitachi Construction paid a total dividend of 23,426 million JPY last year, for a market value of 613,227 millions (Market Cap 304,214 millions). Dividend per share of Hitachi Construction is 109.98 JPY, and his stock market price 2,879.00 JPY.

According to the chart below, where dividend yield is displayed, Hitachi Construction has a dividend yield of 3.82%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials 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 Hitachi Construction dividend yield with other Industrial Engineering companies or firms from Japan.

Dividend yield of Hitachi Construction

Hitachi Construction Dividend Payout

About the ability of Hitachi Construction to maintain his current dividend of JPY 109.98 per share, an amount that accounts for 3.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hitachi Construction payout on ernings is currently 28.27%, which is lower than the market average and companies of Industrials industry, which are 40.22% and 36.22% respectively. Both figures lead us to believe that there is confidence that Hitachi Constructioncan 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 Hitachi Construction is JPY 184.55 per share, which is higher than the dividend per share paid by the company of JPY 109.98, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hitachi Construction, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Hitachi Construction payout

Hitachi Construction Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.82%109.9828.27%213
20211.65%54.8672.43%213
20201.16%33.9915.78%213
20192.83%92.9726.89%213
20183.58%92.0829.71%213
20171.07%43.8282.40%213
20160.59%13.8920.06%213
20153.11%60.0940.12%213

*In millions

Hitachi Construction Stock performance

Finally, last moth Hitachi Construction showed a return of -1.30% compared to a worldwide -0.44% average, and a -1.21% of Industrials firms. Over the last year, the company obtained a -8.70% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.

Hitachi Construction stock and market return