Shin-Etsu Chemical Dividend yield

Shin-Etsu Chemical is part of Chemicals business, which is part of Basic Materials industry. Shin-Etsu Chemical is a company from Japan, and his stocks are publicly traded.

Shin-Etsu Chemical stock dividend

Shin-Etsu Chemical paid a total dividend of 202,143 million JPY last year, for a market value of 9,401,862 millions (Market Cap 8,970,182 millions). Shin-Etsu Chemical dividend per share is 100.17 JPY, and his stock market price 4,659.00 JPY.

According to the chart below, where dividend yield is displayed, Shin-Etsu Chemical has a dividend yield of 2.15%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Shin-Etsu Chemical stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Shin-Etsu Chemical Dividend Payout

About the ability of Shin-Etsu Chemical to maintain his current dividend of JPY 100.17 per share, an amount that accounts for 2.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shin-Etsu Chemical payout on ernings is currently 28.60%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Shin-Etsu Chemicalcan 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 Shin-Etsu Chemical is JPY 391.51 per share, which is higher than the dividend per share paid by the company of JPY 100.17, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shin-Etsu Chemical, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Shin-Etsu Chemical Dividend History

Below you will find a table with the historical evolution of Shin-Etsu Chemical'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	2.15%	100.17	28.60%	2,018
2022	2.93%	475.39	38.38%	405
2021	1.46%	290.83	41.17%	415
2020	1.22%	220.09	29.16%	416
2019	1.74%	209.84	28.36%	417
2018	2.05%	174.99	19.89%	427
2017	1.09%	124.81	30.30%	426
2016	1.36%	115.06	33.19%	429
2015	1.51%	105.14	20.23%	429

*In millions

Then you can see the evolution of Shin-Etsu Chemical dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Shin-Etsu Chemical Stock performance

Finally, last moth Shin-Etsu Chemical showed a return of -0.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 42.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.