Idemitsu Kosan Dividend yield

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 stock dividend

Idemitsu Kosan paid a total dividend of 35,186 million JPY last year, for a market value of 906,835 millions (Market Cap 713,184 millions). Idemitsu Kosan dividend per share is 120.09 JPY, and his stock market price 3,095.00 JPY.

According to the chart below, where dividend yield is displayed, Idemitsu Kosan has a dividend yield of 3.88%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Idemitsu Kosan stocks dividend with other Oil and Gas Producers companies or other of the best Japan dividend stocks list.

Idemitsu Kosan Dividend Payout

About the ability of Idemitsu Kosan to maintain his current dividend of JPY 120.09 per share, an amount that accounts for 3.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Idemitsu Kosan payout on ernings is currently 13.97%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% 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 -112.14 per share, which is lower than the dividend per share paid by the company of JPY 120.09, 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 Dividend History

Below you will find a table with the historical evolution of Idemitsu Kosan'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	3.88%	120.09	13.97%	293
2022	3.91%	120.04	12.90%	297
2021	4.09%	120.12	102.25%	297
2020	6.17%	140.06	-181.40%	297
2019	4.29%	129.99	48.05%	302
2018	2.49%	89.89	11.45%	208
2017	1.44%	65.16	15.41%	208
2016	1.93%	49.95	-22.20%	160
2015	2.45%	49.93	-5.88%	160

*In millions

Then you can see the evolution of Idemitsu Kosan dividend stock, and compare it with the average of Japan stocks and that of the Oil and Gas Producers stocks.

Idemitsu Kosan Stock performance

Finally, last moth Idemitsu Kosan showed a return of 3.20% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -15.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Oil and Gas Producers firms.