Tohoku Elec Power Dividend yield




   JPY/share 
 Price  822.00
 Dividend  40.03
 Earnings  58.71
 Cash-flow  432.63
 Book value  1,644.00
 Equity  1,630.83

Tohoku Elec Power is part of Electricity business, which is part of Utilities industry. Tohoku Elec Power is a company from Japan, and his stocks are publicly traded.

Tohoku Elec Power paid a total dividend of 20,015 million JPY last year, for a market value of 411,000 millions (Market Cap 387,057 millions). Dividend per share of Tohoku Elec Power is 40.03 JPY, and his stock market price 822.00 JPY.

According to the chart below, where dividend yield is displayed, Tohoku Elec Power has a dividend yield of 4.87%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Utilities 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 Tohoku Elec Power dividend yield with other Electricity companies or firms from Japan.

Dividend yield of Tohoku Elec Power

Tohoku Elec Power Dividend Payout

About the ability of Tohoku Elec Power to maintain his current dividend of JPY 40.03 per share, an amount that accounts for 4.87%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tohoku Elec Power payout on ernings is currently 68.18%, which is higher than the market average, and companies of Utilities industry, which are 39.27% and 52.49% respectively. Both figures show that Tohoku Elec Power 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 Tohoku Elec Power is JPY 432.63 per share, which is higher than the dividend per share paid by the company of JPY 40.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tohoku Elec Power, compared againt world market average, Japan companies, Utilities industry and Electricity sector companies.

Tohoku Elec Power payout

Tohoku Elec Power Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.87%40.0368.18%500
20204.71%40.0431.56%499
20193.70%40.0329.60%499
20182.76%40.0242.23%499
20172.78%40.0628.63%499
20162.25%29.9915.52%503
20151.38%19.9513.11%503

*In millions

Tohoku Elec Power Stock performance

Finally, last moth Tohoku Elec Power showed a return of -2.40% compared to a worldwide -1.33% average, and a -0.64% of Utilities firms. Over the last year, the company obtained a -22.20% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Electricity firms.

Tohoku Elec Power stock and market return