Rengo Dividend yield

Rengo is part of General Industrials business, which is part of Industrials industry. Rengo is a company from Japan, and his stocks are publicly traded.

Rengo stock dividend

Rengo paid a total dividend of 5,942 million JPY last year, for a market value of 245,520 millions (Market Cap 205,938 millions). Rengo dividend per share is 23.96 JPY, and his stock market price 990.00 JPY.

According to the chart below, where dividend yield is displayed, Rengo has a dividend yield of 2.42%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Rengo stocks dividend with other General Industrials companies or other of the best Japan dividend stocks list.

Rengo Dividend Payout

About the ability of Rengo to maintain his current dividend of JPY 23.96 per share, an amount that accounts for 2.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rengo payout on ernings is currently 29.04%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Rengocan 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 Rengo is JPY 206.25 per share, which is higher than the dividend per share paid by the company of JPY 23.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rengo, compared againt world market average, Japan companies, Industrials industry and General Industrials sector companies.

Rengo Dividend History

Below you will find a table with the historical evolution of Rengo'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	2.42%	23.96	29.04%	248
2022	2.64%	23.97	21.12%	248
2021	2.76%	24.01	20.70%	248
2020	2.78%	24.02	21.41%	248
2019	1.68%	14.01	20.16%	248
2018	1.38%	11.98	17.80%	248
2017	1.46%	12.02	21.47%	248
2016	1.77%	11.98	26.55%	248
2015	2.20%	12.01	41.13%	248

*In millions

Then you can see the evolution of Rengo dividend stock, and compare it with the average of Japan stocks and that of the General Industrials stocks.

Rengo Stock performance

Finally, last moth Rengo showed a return of 9.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 20.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and General Industrials firms.