Toray Industries Dividend yield




   JPY/share 
 Price  786.00
 Dividend  18.00
 Earnings  51.04
 Cash-flow  90.34
 Book value  982.50
 Equity  911.43

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 stock dividend

Toray Industries paid a total dividend of 28,818 million JPY last year, for a market value of 1,258,386 millions (Market Cap 1,189,845 millions). Toray Industries dividend per share is 18.00 JPY, and his stock market price 786.00 JPY.

According to the chart below, where dividend yield is displayed, Toray Industries has a dividend yield of 2.29%, 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 stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Dividend yield of Toray Industries

Toray Industries Dividend Payout

About the ability of Toray Industries to maintain his current dividend of JPY 18.00 per share, an amount that accounts for 2.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toray Industries payout on ernings is currently 35.27%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Toray Industriescan 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 Toray Industries is JPY 90.34 per share, which is higher than the dividend per share paid by the company of JPY 18.00, 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

Below you will find a table with the historical evolution of Toray Industries'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* 
Present2.29%18.0035.27%1,601
20222.31%17.0229.33%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

Then you can see the evolution of Toray Industries dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Toray Industries stock dividend history

Toray Industries Stock performance

Finally, last moth Toray Industries showed a return of -1.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -1.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Toray Industries stock and market return