08-31-2023
JPY/share | |
Price | 4,541.00 |
Dividend | 109.89 |
Earnings | 366.21 |
Cash-flow | -123.06 |
Book value | 3,027.33 |
Equity | 2,977.32 |
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 stock dividend
Hitachi Construction paid a total dividend of 23,407 million JPY last year, for a market value of 967,233 millions (Market Cap 479,827 millions). Hitachi Construction dividend per share is 109.89 JPY, and his stock market price 4,541.00 JPY.
According to the chart below, where dividend yield is displayed, Hitachi Construction has a dividend yield of 2.42%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Hitachi Construction stocks dividend with other Industrial Engineering companies or other of the highest Japan dividend stocks list.
Hitachi Construction Dividend Payout
About the ability of Hitachi Construction to maintain his current dividend of JPY 109.89 per share, an amount that accounts for 2.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hitachi Construction payout on ernings is currently 30.01%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% 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 -123.06 per share, which is lower than the dividend per share paid by the company of JPY 109.89, so the company does not generate 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 Dividend History
Below you will find a table with the historical evolution of Hitachi Construction'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 | 2.42% | 109.89 | 30.01% | 213 |
2022 | 3.89% | 115.11 | 29.57% | 213 |
2021 | 1.65% | 54.86 | 72.43% | 213 |
2020 | 1.16% | 33.99 | 15.78% | 213 |
2019 | 2.83% | 92.97 | 26.89% | 213 |
2018 | 3.58% | 92.08 | 29.71% | 213 |
2017 | 1.07% | 43.82 | 82.40% | 213 |
2016 | 0.59% | 13.89 | 20.06% | 213 |
2015 | 3.11% | 60.09 | 40.12% | 213 |
*In millions
Then you can see the evolution of Hitachi Construction dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.
Hitachi Construction Stock performance
Finally, last moth Hitachi Construction showed a return of 6.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 57.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.