Toho Gas Dividend yield

Toho Gas is part of Gas Water and Multiutilities business, which is part of Utilities industry. Toho Gas is a company from Japan, and his stocks are publicly traded.

Toho Gas stock dividend

Toho Gas paid a total dividend of 6,303 million JPY last year, for a market value of 274,050 millions (Market Cap 230,468 millions). Toho Gas dividend per share is 60.03 JPY, and his stock market price 2,610.00 JPY.

According to the chart below, where dividend yield is displayed, Toho Gas has a dividend yield of 2.30%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Toho Gas stocks dividend with other Gas Water and Multiutilities companies or other of the highest Japan dividend stocks list.

Toho Gas Dividend Payout

About the ability of Toho Gas to maintain his current dividend of JPY 60.03 per share, an amount that accounts for 2.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toho Gas payout on ernings is currently 18.63%, which is lower than the market average and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures lead us to believe that there is confidence that Toho Gascan 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 Toho Gas is JPY 532.65 per share, which is higher than the dividend per share paid by the company of JPY 60.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Toho Gas, compared againt world market average, Japan companies, Utilities industry and Gas Water and Multiutilities sector companies.

Toho Gas Dividend History

Below you will find a table with the historical evolution of Toho Gas'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	2.30%	60.03	18.63%	105
2022	2.38%	59.90	40.70%	105
2021	1.88%	55.07	67.69%	106
2020	0.81%	55.32	35.88%	106
2019	1.23%	54.86	39.36%	106
2018	1.19%	55.16	32.49%	106
2017	1.62%	50.06	30.13%	107
2016	1.10%	9.97	12.55%	540
2015	1.31%	10.02	22.00%	546

*In millions

Then you can see the evolution of Toho Gas dividend stock, and compare it with the average of Japan stocks and that of the Gas Water and Multiutilities stocks.

Toho Gas Stock performance

Finally, last moth Toho Gas showed a return of -2.00% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -16.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Gas Water and Multiutilities firms.