Osaka Gas Dividend yield




   JPY/share 
 Price  2,049.00
 Dividend  54.91
 Earnings  195.14
 Cash-flow  525.38
 Book value  2,561.25
 Equity  2,501.79

Osaka Gas is part of Gas Water and Multiutilities business, which is part of Utilities industry. Osaka Gas is a company from Japan, and his stocks are publicly traded.

Osaka Gas paid a total dividend of 22,843 million JPY last year, for a market value of 852,384 millions (Market Cap 806,657 millions). Dividend per share of Osaka Gas is 54.91 JPY, and his stock market price 2,049.00 JPY.

According to the chart below, where dividend yield is displayed, Osaka Gas has a dividend yield of 2.68%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Utilities 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 Osaka Gas dividend yield with other Gas Water and Multiutilities companies or firms from Japan.

Dividend yield of Osaka Gas

Osaka Gas Dividend Payout

About the ability of Osaka Gas to maintain his current dividend of JPY 54.91 per share, an amount that accounts for 2.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Osaka Gas payout on ernings is currently 28.14%, which is lower than the market average and companies of Utilities industry, which are 39.27% and 52.49% respectively. Both figures lead us to believe that there is confidence that Osaka Gascan 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 Osaka Gas is JPY 525.38 per share, which is higher than the dividend per share paid by the company of JPY 54.91, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Osaka Gas, compared againt world market average, Japan companies, Utilities industry and Gas Water and Multiutilities sector companies.

Osaka Gas payout

Osaka Gas Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.68%54.9128.14%416
20202.37%50.0549.77%416
20192.39%49.9761.90%416
20182.49%50.0255.03%416
20172.30%49.9133.81%416
20162.20%9.5323.55%2,083
20151.97%9.0024.42%2,083

*In millions

Osaka Gas Stock performance

Finally, last moth Osaka Gas showed a return of -0.70% compared to a worldwide -1.33% average, and a -0.64% of Utilities firms. Over the last year, the company obtained a 0.00% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Gas Water and Multiutilities firms.

Osaka Gas stock and market return