Horiba Dividend yield

 Price  7,582.00
 Dividend  260.06
 Earnings  806.60
 Cash-flow  806.60
 Book value  5,832.31
 Equity  5,271.90

Horiba is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Horiba is a company from Japan, and his stocks are publicly traded.

Horiba stock dividend

Horiba paid a total dividend of 10,923 million JPY last year, for a market value of 318,444 millions (Market Cap 291,533 millions). Horiba dividend per share is 260.06 JPY, and his stock market price 7,582.00 JPY.

According to the chart below, where dividend yield is displayed, Horiba has a dividend yield of 3.43%, 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 Horiba stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Japan dividend stocks list.

Dividend yield of Horiba

Horiba Dividend Payout

About the ability of Horiba to maintain his current dividend of JPY 260.06 per share, an amount that accounts for 3.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Horiba payout on ernings is currently 32.24%, 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 Horibacan 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 Horiba is JPY 806.60 per share, which is higher than the dividend per share paid by the company of JPY 260.06, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Horiba, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Horiba payout

Horiba Dividend History

Below you will find a table with the historical evolution of Horiba'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* 

*In millions

Horiba Stock performance

Finally, last moth Horiba showed a return of -9.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 18.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.

Horiba stock and market return