Toda Corp Dividend yield

Toda Corp is part of Construction and Materials business, which is part of Industrials industry. Toda Corp is a company from Japan, and his stocks are publicly traded.

Toda Corp stock dividend

Toda Corp paid a total dividend of 8,379 million JPY last year, for a market value of 253,890 millions (Market Cap 190,442 millions). Toda Corp dividend per share is 27.03 JPY, and his stock market price 819.00 JPY.

According to the chart below, where dividend yield is displayed, Toda Corp has a dividend yield of 3.30%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Toda Corp stocks dividend with other Construction and Materials companies or other of the highest Japan dividend stocks list.

Toda Corp Dividend Payout

About the ability of Toda Corp to maintain his current dividend of JPY 27.03 per share, an amount that accounts for 3.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toda Corp payout on ernings is currently 76.25%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Toda Corp can have problems to keep with his present dividend yield.

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 Toda Corp is JPY -99.88 per share, which is lower than the dividend per share paid by the company of JPY 27.03, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Toda Corp, compared againt world market average, Japan companies, Industrials industry and Construction and Materials sector companies.

Toda Corp Dividend History

Below you will find a table with the historical evolution of Toda 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	3.30%	27.03	76.25%	310
2022	4.15%	29.47	48.98%	308
2021	4.12%	29.99	46.55%	307
2020	3.81%	26.02	30.86%	307
2019	2.75%	19.97	23.93%	307
2018	2.92%	20.03	24.23%	307
2017	1.33%	12.02	8.78%	308
2016	1.56%	10.00	15.29%	307
2015	1.00%	6.98	15.30%	307

*In millions

Then you can see the evolution of Toda Corp dividend stock, and compare it with the average of Japan stocks and that of the Construction and Materials stocks.

Toda Corp Stock performance

Finally, last moth Toda Corp showed a return of 3.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 19.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.