Morinaga Milk Industry Dividend yield

Morinaga Milk Industry is part of Food Producers business, which is part of Consumer Goods industry. Morinaga Milk Industry is a company from Japan, and his stocks are publicly traded.

Morinaga Milk Industry stock dividend

Morinaga Milk Industry paid a total dividend of 4,051 million JPY last year, for a market value of 268,290 millions (Market Cap 218,468 millions). Morinaga Milk Industry dividend per share is 90.03 JPY, and his stock market price 5,962.00 JPY.

According to the chart below, where dividend yield is displayed, Morinaga Milk Industry has a dividend yield of 1.51%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Morinaga Milk Industry stocks dividend with other Food Producers companies or other of the high Japan dividend stocks list.

Morinaga Milk Industry Dividend Payout

About the ability of Morinaga Milk Industry to maintain his current dividend of JPY 90.03 per share, an amount that accounts for 1.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Morinaga Milk Industry payout on ernings is currently 24.16%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Morinaga Milk Industrycan 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 Morinaga Milk Industry is JPY 438.38 per share, which is higher than the dividend per share paid by the company of JPY 90.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Morinaga Milk Industry, compared againt world market average, Japan companies, Consumer Goods industry and Food Producers sector companies.

Morinaga Milk Industry Dividend History

Below you will find a table with the historical evolution of Morinaga Milk Industry'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	1.51%	90.03	24.16%	45
2022	1.60%	79.92	10.72%	45
2021	1.28%	69.89	18.43%	50
2020	1.18%	59.94	15.93%	50
2019	1.24%	55.18	19.47%	49
2018	1.46%	44.97	14.16%	50

*In millions

Morinaga Milk Industry Stock performance

Finally, last moth Morinaga Milk Industry showed a return of 24.30% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 39.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Food Producers firms.