Rinnai Corp Dividend yield

Rinnai Corp is part of Household Goods and Home Constr. business, which is part of Consumer Goods industry. Rinnai Corp is a company from Japan, and his stocks are publicly traded.

Rinnai Corp stock dividend

Rinnai Corp paid a total dividend of 7,841 million JPY last year, for a market value of 414,834 millions (Market Cap 293,924 millions). Rinnai Corp dividend per share is 53.34 JPY, and his stock market price 2,822.00 JPY.

According to the chart below, where dividend yield is displayed, Rinnai Corp has a dividend yield of 1.89%, 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 Rinnai Corp stocks dividend with other Household Goods and Home Constr. companies or other of the best Japan dividend stocks list.

Rinnai Corp Dividend Payout

About the ability of Rinnai Corp to maintain his current dividend of JPY 53.34 per share, an amount that accounts for 1.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rinnai Corp payout on ernings is currently 29.86%, 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 Rinnai Corpcan 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 Rinnai Corp is JPY 134.38 per share, which is higher than the dividend per share paid by the company of JPY 53.34, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rinnai Corp, compared againt world market average, Japan companies, Consumer Goods industry and Household Goods and Home Constr. sector companies.

Rinnai Corp Dividend History

Below you will find a table with the historical evolution of Rinnai Corp'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	1.89%	53.34	29.86%	147
2022	1.48%	145.48	30.19%	49
2021	1.30%	134.94	24.31%	50
2020	0.83%	99.43	23.74%	51
2019	1.12%	95.76	24.08%	51
2018	1.27%	91.95	22.35%	51
2017	0.86%	87.72	20.21%	51
2016	0.86%	83.68	19.18%	52
2015	0.71%	78.24	14.06%	52

*In millions

Then you can see the evolution of Rinnai Corp dividend stock, and compare it with the average of Japan stocks and that of the Household Goods and Home Constr. stocks.

Rinnai Corp Stock performance

Finally, last moth Rinnai Corp showed a return of -8.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -21.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Household Goods and Home Constr. firms.