Idemitsu Kosan Dividend yield




   JPY/share 
 Price  2,270.00
 Dividend  140.06
 Earnings  -77.21
 Cash-flow  54.05
 Book value  3,783.33
 Equity  3,356.96

Idemitsu Kosan is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Idemitsu Kosan is a company from Japan, and his stocks are publicly traded.

Idemitsu Kosan paid a total dividend of 41,598 million JPY last year, for a market value of 674,190 millions (Market Cap 530,680 millions). Dividend per share of Idemitsu Kosan is 140.06 JPY, and his stock market price 2,270.00 JPY.

According to the chart below, where dividend yield is displayed, Idemitsu Kosan has a dividend yield of 6.17%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Oil and Gas 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 Idemitsu Kosan dividend yield with other Oil and Gas Producers companies or firms from Japan.

Dividend yield of Idemitsu Kosan

Idemitsu Kosan Dividend Payout

About the ability of Idemitsu Kosan to maintain his current dividend of JPY 140.06 per share, an amount that accounts for 6.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Idemitsu Kosan payout on ernings is currently -181.40%, which is lower than the market average and companies of Oil and Gas industry, which are 38.57% and 45.97% respectively. Both figures lead us to believe that there is confidence that Idemitsu Kosancan 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 Idemitsu Kosan is JPY 54.05 per share, which is lower than the dividend per share paid by the company of JPY 140.06, 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 Idemitsu Kosan, compared againt world market average, Japan companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Idemitsu Kosan payout

Idemitsu Kosan Dividend History

Year Yield  JPY  Paypout  Shares* 
Present6.17%140.06-181.40%297
20194.29%129.9948.05%302
20182.49%89.8911.45%208
20171.44%65.1615.41%208
20161.93%49.95-22.20%160
20152.45%49.93-5.88%160

*In millions

Idemitsu Kosan Stock performance

Finally, last moth Idemitsu Kosan showed a return of 4.40% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a -25.10% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Oil and Gas Producers firms.

Idemitsu Kosan stock and market return