Tobu Railway Dividend yield




   JPY/share 
 Price  2,976.00
 Dividend  19.94
 Earnings  170.06
 Cash-flow  487.87
 Book value  2,289.23
 Equity  2,208.57

Tobu Railway is part of Travel and Leisure business, which is part of Consumer Services industry. Tobu Railway is a company from Japan, and his stocks are publicly traded.

Tobu Railway paid a total dividend of 4,167 million JPY last year, for a market value of 621,984 millions (Market Cap 602,836 millions). Dividend per share of Tobu Railway is 19.94 JPY, and his stock market price 2,976.00 JPY.

According to the chart below, where dividend yield is displayed, Tobu Railway has a dividend yield of 0.67%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tobu Railway dividend yield with other Travel and Leisure companies or firms from Japan.

Dividend yield of Tobu Railway

Tobu Railway Dividend Payout

About the ability of Tobu Railway to maintain his current dividend of JPY 19.94 per share, an amount that accounts for 0.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tobu Railway payout on ernings is currently 11.73%, which is lower than the market average and companies of Consumer Services industry, which are 38.17% and 23.35% respectively. Both figures lead us to believe that there is confidence that Tobu Railwaycan 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 Tobu Railway is JPY 487.87 per share, which is higher than the dividend per share paid by the company of JPY 19.94, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tobu Railway, compared againt world market average, Japan companies, Consumer Services industry and Travel and Leisure sector companies.

Tobu Railway payout

Tobu Railway Dividend History

Year Yield  JPY  Paypout  Shares* 
Present0.67%19.9411.73%209
20200.98%30.1417.74%209
20190.95%37.5728.31%211
20181.18%34.9620.53%211
20170.96%34.9420.73%214
20161.09%5.9723.53%1,076
20151.00%6.009.60%1,076

*In millions

Tobu Railway Stock performance

Finally, last moth Tobu Railway showed a return of -1.80% compared to a worldwide 4.24% average, and a 2.83% of Consumer Services firms. Over the last year, the company obtained a -21.10% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Travel and Leisure firms.

Tobu Railway stock and market return