Resona Holdings paid a total dividend of 41,860 million JPY last year, for a market capitalization of 1,423,999 millions.
Dividend per share of Resona Holdings is 18.02 JPY, and his stock market price 613.00 JPY.
According to the chart, where dividend yield is displayed, Resona Holdings has a dividend yield of 2.94%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Financials 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.
About the ability of Resona Holdings to maintain his current dividend of JPY 18.02 per share, an amount that accounts for 2.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Resona Holdings payout on ernings is currently 23.81%, which is lower than the market average and companies of Financials industry, which are 40.24% and 44.35% respectively. Both figures lead us to believe that there is confidence that Resona Holdingscan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Resona Holdings is JPY 1,532.50 per share, which is higher than the dividend per share paid by the company of JPY 18.02, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Resona Holdings, compared againt world market average, Japan companies, Financials industry and Banks sector companies. You might also need to check full financial report of Resona Holdings.
Resorttrust. Japan. Consumer Services.Restaurant Brands In. Canada. Consumer Services.Reunert. South Africa. Industrials.Rexam. UK. Industrials.Rexel S.A.. France. Industrials.Reynolds American. USA. Consumer Goods.
Resmed Inc. USA. Health Care.Resilient REIT Ltd. South Africa. Financials.Republic Services. USA. Industrials.Repsol. Spain. Oil and Gas.Rentokil Initial. UK. Industrials.Renhe Commercial Hol. China. Financials.
All rights reserved
Part of Enciclopedia Financiera Group
Disclaimer: Information on this site is only for informational purposes. Always consult a professional advisor before investing.