Toho Gas Dividend yield




   JPY/share 
 Price  4,875.00
 Dividend  55.09
 Earnings  81.39
 Cash-flow  609.38
 Book value  3,482.14
 Equity  3,255.60

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 paid a total dividend of 5,840 million JPY last year, for a market value of 516,750 millions (Market Cap 432,426 millions). Dividend per share of Toho Gas is 55.09 JPY, and his stock market price 4,875.00 JPY.

According to the chart below, where dividend yield is displayed, Toho Gas has a dividend yield of 1.13%, 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 dividend yield with other Gas Water and Multiutilities companies or firms from Japan.

Dividend yield of Toho Gas

Toho Gas Dividend Payout

About the ability of Toho Gas to maintain his current dividend of JPY 55.09 per share, an amount that accounts for 1.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toho Gas payout on ernings is currently 67.69%, which is higher than the market average, and companies of Utilities industry, which are 39.27% and 52.49% respectively. Both figures show that Toho Gas 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 Toho Gas is JPY 609.38 per share, which is higher than the dividend per share paid by the company of JPY 55.09, 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 payout

Toho Gas Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.13%55.0967.69%106
20200.81%55.3235.88%106
20191.23%54.8639.36%106
20181.19%55.1632.49%106
20171.62%50.0630.13%107
20161.10%9.9712.55%540
20151.31%10.0222.00%546

*In millions

Toho Gas Stock performance

Finally, last moth Toho Gas showed a return of -5.00% compared to a worldwide -1.33% average, and a -0.64% of Utilities firms. Over the last year, the company obtained a -6.60% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Gas Water and Multiutilities firms.

Toho Gas stock and market return