Showa Denko Dividend yield




   JPY/share 
 Price  2,371.00
 Dividend  64.97
 Earnings  170.58
 Cash-flow  551.40
 Book value  2,963.75
 Equity  2,941.03

Showa Denko is part of Chemicals business, which is part of Basic Materials industry. Showa Denko is a company from Japan, and his stocks are publicly traded.

Showa Denko stock dividend

Showa Denko paid a total dividend of 11,760 million JPY last year, for a market value of 429,151 millions (Market Cap 421,127 millions). Showa Denko dividend per share is 64.97 JPY, and his stock market price 2,371.00 JPY.

According to the chart below, where dividend yield is displayed, Showa Denko has a dividend yield of 2.74%, 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 Showa Denko stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Dividend yield of Showa Denko

Showa Denko Dividend Payout

About the ability of Showa Denko to maintain his current dividend of JPY 64.97 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Showa Denko payout on ernings is currently 38.09%, which is lower than the market average, but higher than companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Showa Denko is in a good position to keep maintaining his 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 Showa Denko is JPY 551.40 per share, which is higher than the dividend per share paid by the company of JPY 64.97, so the company generates enough cash to maintain his dividend in the future.

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

Showa Denko payout

Showa Denko Dividend History

Below you will find a table with the historical evolution of Showa Denko'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* 
Present2.74%64.9738.09%181
20223.22%65.04-97.23%181
20212.69%64.96-15.33%181
20202.96%65.0313.02%146
20194.48%129.8817.02%146
20183.67%120.0153.21%149
20171.25%60.1969.75%143
20163.89%60.06356.65%143
20151.85%3.0082.42%1,428

*In millions

Then you can see the evolution of Showa Denko dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Showa Denko stock dividend history

Showa Denko Stock performance

Finally, last moth Showa Denko showed a return of 2.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 10.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Showa Denko stock and market return