Horiba Dividend yield




   JPY/share 
 Price  6,050.00
 Dividend  75.02
 Earnings  366.67
 Cash-flow  630.21
 Book value  4,033.33
 Equity  3,942.69

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 paid a total dividend of 3,151 million JPY last year, for a market value of 254,100 millions (Market Cap 232,201 millions). Dividend per share of Horiba is 75.02 JPY, and his stock market price 6,050.00 JPY.

According to the chart below, where dividend yield is displayed, Horiba has a dividend yield of 1.24%, 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 Horiba dividend yield with other Electronic and Electrical Equipment companies or firms from Japan.

Dividend yield of Horiba

Horiba Dividend Payout

About the ability of Horiba to maintain his current dividend of JPY 75.02 per share, an amount that accounts for 1.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Horiba payout on ernings is currently 20.46%, which is lower than the market average and companies of Industrials industry, which are 38.57% and 31.76% 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 630.21 per share, which is higher than the dividend per share paid by the company of JPY 75.02, 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

Year Yield  JPY  Paypout  Shares* 
Present1.24%75.0220.46%42
20191.77%129.7424.60%42
20182.67%119.8830.97%42
20171.40%95.0630.94%42
20161.41%71.7723.27%42

*In millions

Horiba Stock performance

Finally, last moth Horiba showed a return of 8.00% compared to a worldwide 3.99% average, and a 4.23% of Industrials firms. Over the last year, the company obtained a -17.50% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.

Horiba stock and market return