Tokyo Gas Dividend yield

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

Tokyo Gas stock dividend

Tokyo Gas paid a total dividend of 28,076 million JPY last year, for a market value of 1,462,241 millions (Market Cap 1,403,178 millions). Tokyo Gas dividend per share is 64.84 JPY, and his stock market price 3,377.00 JPY.

According to the chart below, where dividend yield is displayed, Tokyo Gas has a dividend yield of 1.92%, 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 Tokyo Gas stocks dividend with other Gas Water and Multiutilities companies or other of the highest Japan dividend stocks list.

Tokyo Gas Dividend Payout

About the ability of Tokyo Gas to maintain his current dividend of JPY 64.84 per share, an amount that accounts for 1.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tokyo Gas payout on ernings is currently 9.98%, 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 Tokyo 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 Tokyo Gas is JPY 1,125.67 per share, which is higher than the dividend per share paid by the company of JPY 64.84, so the company generates enough cash to maintain his dividend in the future.

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

Tokyo Gas Dividend History

Below you will find a table with the historical evolution of Tokyo 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	1.92%	64.84	9.98%	433
2022	2.61%	67.47	32.89%	433
2021	2.91%	60.00	53.54%	441
2020	2.52%	60.08	60.99%	441
2019	2.36%	62.59	32.57%	441
2018	1.97%	54.88	32.90%	450
2017	2.13%	54.93	47.50%	459
2016	2.31%	11.53	23.57%	2,296
2015	1.70%	10.00	17.01%	2,390

*In millions

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

Tokyo Gas Stock performance

Finally, last moth Tokyo Gas showed a return of 4.70% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 29.30% 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.