Toray Industries Dividend yield




   JPY/share 
 Price  639.00
 Dividend  15.98
 Earnings  33.99
 Cash-flow  133.13
 Book value  798.75
 Equity  723.19

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

Toray Industries paid a total dividend of 25,584 million JPY last year, for a market value of 1,023,039 millions (Market Cap 966,547 millions). Dividend per share of Toray Industries is 15.98 JPY, and his stock market price 639.00 JPY.

According to the chart below, where dividend yield is displayed, Toray Industries has a dividend yield of 2.50%, 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 Toray Industries dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Toray Industries

Toray Industries Dividend Payout

About the ability of Toray Industries to maintain his current dividend of JPY 15.98 per share, an amount that accounts for 2.50%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toray Industries payout on ernings is currently 47.01%, which is higher than the market average, and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures show that Toray Industries 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 Toray Industries is JPY 133.13 per share, which is higher than the dividend per share paid by the company of JPY 15.98, so the company generates enough cash to maintain his dividend in the future.

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

Toray Industries payout

Toray Industries Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.50%15.9847.01%1,601
20211.83%12.4836.78%1,601
20202.05%12.5335.89%1,600
20192.16%16.0132.19%1,600
20182.07%15.9826.70%1,599
20171.32%14.0322.57%1,599
20161.51%14.0324.92%1,599
20151.07%11.9724.39%1,599

*In millions

Toray Industries Stock performance

Finally, last moth Toray Industries showed a return of -3.20% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a -10.30% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Toray Industries stock and market return