Toda Corp Dividend yield




   JPY/share 
 Price  787.00
 Dividend  29.98
 Earnings  64.51
 Cash-flow  -69.04
 Book value  983.75
 Equity  948.68

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 paid a total dividend of 9,204 million JPY last year, for a market value of 241,609 millions (Market Cap 180,993 millions). Dividend per share of Toda Corp is 29.98 JPY, and his stock market price 787.00 JPY.

According to the chart below, where dividend yield is displayed, Toda Corp has a dividend yield of 3.81%, 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 dividend yield with other Construction and Materials companies or firms from Japan.

Dividend yield of Toda Corp

Toda Corp Dividend Payout

About the ability of Toda Corp to maintain his current dividend of JPY 29.98 per share, an amount that accounts for 3.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toda Corp payout on ernings is currently 46.47%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% 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 -69.04 per share, which is lower than the dividend per share paid by the company of JPY 29.98, 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 payout

Toda Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.81%29.9846.47%307
20203.81%26.0230.86%307
20192.75%19.9723.93%307
20182.92%20.0324.23%307
20171.33%12.028.78%308
20161.56%10.0015.29%307
20151.00%6.9815.30%307

*In millions

Toda Corp Stock performance

Finally, last moth Toda Corp showed a return of -2.10% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 9.30% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.

Toda Corp stock and market return