Pigeon Dividend yield

 Price  1,689.00
 Dividend  76.01
 Earnings  71.57
 Cash-flow  110.39
 Book value  649.62
 Equity  627.81

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

Pigeon stock dividend

Pigeon paid a total dividend of 9,121 million JPY last year, for a market value of 202,680 millions (Market Cap 181,891 millions). Pigeon dividend per share is 76.01 JPY, and his stock market price 1,689.00 JPY.

According to the chart below, where dividend yield is displayed, Pigeon has a dividend yield of 4.50%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 Pigeon stocks dividend with other Personal Goods companies or other of the high Japan dividend stocks list.

Dividend yield of Pigeon

Pigeon Dividend Payout

About the ability of Pigeon to maintain his current dividend of JPY 76.01 per share, an amount that accounts for 4.50%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Pigeon payout on ernings is currently 106.20%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Pigeon can have problems to keep with his present dividend yield.

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 Pigeon is JPY 110.39 per share, which is higher than the dividend per share paid by the company of JPY 76.01, so the company generates enough cash to maintain his dividend in the future.

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

Pigeon payout

Pigeon Dividend History

Below you will find a table with the historical evolution of Pigeon'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* 

*In millions

Then you can see the evolution of Pigeon dividend stock, and compare it with the average of Japan stocks and that of the Personal Goods stocks.

Pigeon stock dividend history

Pigeon Stock performance

Finally, last moth Pigeon showed a return of -12.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -18.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Personal Goods firms.

Pigeon stock and market return