Tokai Carbon Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   JPY per share 
 Price  1,248.00
 Dividend  19.97
 Earnings  55.47
 Cash-flow  49.52
 Book value  594.29
 Equity  554.70

Tokai Carbon is part of Chemicals business, which is part of Basic Materials industry. Tokai Carbon is a company from Japan, and his stocks are publicly traded.

Tokai Carbon paid a total dividend of 4,254 million JPY last year, for a market value of 265,824 millions (Market Cap 243,513 millions). Dividend per share of Tokai Carbon is 19.97 JPY, and his stock market price 1,248.00 JPY.

According to the chart below, where dividend yield is displayed, Tokai Carbon has a dividend yield of 1.60%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tokai Carbon dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Tokai Carbon

Tokai Carbon Dividend Payout

About the ability of Tokai Carbon to maintain his current dividend of JPY 19.97 per share, an amount that accounts for 1.60%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tokai Carbon payout on ernings is currently 36.00%, which is lower than the market average and companies of Basic Materials industry, which are 40.41% and 46.31% respectively. Both figures lead us to believe that there is confidence that Tokai Carboncan 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 Tokai Carbon is JPY 49.52 per share, which is higher than the dividend per share paid by the company of JPY 19.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tokai Carbon, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Tokai Carbon payout

Tokai Carbon Stock performance

Finally, last moth Tokai Carbon showed a return of -20.70% compared to a worldwide -5.60% average, and a -3.44% of Basic Materials firms. Over the last year, the company obtained a -10.30% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Tokai Carbon stock and market return

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