Paltac Dividend yield

Paltac is part of Personal Goods business, which is part of Consumer Goods industry. Paltac is a company from Japan, and his stocks are publicly traded.

Paltac stock dividend

Paltac paid a total dividend of 5,174 million JPY last year, for a market value of 302,589 millions (Market Cap 150,172 millions). Paltac dividend per share is 82.13 JPY, and his stock market price 4,803.00 JPY.

According to the chart below, where dividend yield is displayed, Paltac has a dividend yield of 1.71%, 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 Paltac stocks dividend with other Personal Goods companies or other of the high Japan dividend stocks list.

Paltac Dividend Payout

About the ability of Paltac to maintain his current dividend of JPY 82.13 per share, an amount that accounts for 1.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Paltac payout on ernings is currently 26.50%, 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 Paltaccan 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 Paltac is JPY 263.90 per share, which is higher than the dividend per share paid by the company of JPY 82.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Paltac, compared againt world market average, Japan companies, Consumer Goods industry and Personal Goods sector companies.

Paltac Dividend History

Below you will find a table with the historical evolution of Paltac'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	1.71%	82.13	26.50%	63
2022	1.73%	80.19	25.43%	63
2021	1.58%	74.81	24.33%	64
2020	1.27%	71.25	17.65%	64
2019	1.32%	69.17	21.91%	64
2018	1.29%	66.95	23.99%	64
2017	1.15%	59.11	25.19%	64

*In millions

Paltac Stock performance

Finally, last moth Paltac showed a return of 0.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 19.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Personal Goods firms.