Tokai Rika Dividend yield




   JPY/share 
 Price  1,607.00
 Dividend  59.94
 Earnings  131.72
 Cash-flow  382.62
 Book value  2,678.33
 Equity  2,634.40

Tokai Rika is part of Automobiles and Parts business, which is part of Consumer Goods industry. Tokai Rika is a company from Japan, and his stocks are publicly traded.

Tokai Rika paid a total dividend of 5,455 million JPY last year, for a market value of 146,237 millions (Market Cap 79,088 millions). Dividend per share of Tokai Rika is 59.94 JPY, and his stock market price 1,607.00 JPY.

According to the chart below, where dividend yield is displayed, Tokai Rika has a dividend yield of 3.73%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 Tokai Rika dividend yield with other Automobiles and Parts companies or firms from Japan.

Dividend yield of Tokai Rika

Tokai Rika Dividend Payout

About the ability of Tokai Rika to maintain his current dividend of JPY 59.94 per share, an amount that accounts for 3.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tokai Rika payout on ernings is currently 45.51%, which is higher than the market average, but lower than companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures show that Tokai Rika should not have problems to continue paying his 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 Rika is JPY 382.62 per share, which is higher than the dividend per share paid by the company of JPY 59.94, 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 Rika, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Tokai Rika payout

Tokai Rika Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.73%59.9445.51%91
20202.87%50.0830.42%91
20192.98%63.9832.18%91
20183.51%64.0224.22%91
20172.61%61.91-130.23%91
20162.67%59.8996.93%91
20152.22%63.1129.08%91

*In millions

Tokai Rika Stock performance

Finally, last moth Tokai Rika showed a return of 0.40% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 2.70% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

Tokai Rika stock and market return