Ube Industries Dividend yield

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

Ube Industries stock dividend

Ube Industries paid a total dividend of 9,227 million JPY last year, for a market value of 238,426 millions (Market Cap 237,383 millions). Ube Industries dividend per share is 95.12 JPY, and his stock market price 2,458.00 JPY.

According to the chart below, where dividend yield is displayed, Ube Industries has a dividend yield of 3.87%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Ube Industries stocks dividend with other Chemicals companies or other of the best Japan dividend stocks list.

Ube Industries Dividend Payout

About the ability of Ube Industries to maintain his current dividend of JPY 95.12 per share, an amount that accounts for 3.87%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ube Industries payout on ernings is currently -131.58%, 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 Ube 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 Ube Industries is JPY -258.74 per share, which is lower than the dividend per share paid by the company of JPY 95.12, so the company does not generate enough cash to maintain his dividend in the future.

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

Ube Industries Dividend History

Below you will find a table with the historical evolution of Ube 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*
Present	3.87%	95.12	-131.58%	97
2022	5.16%	100.00	39.73%	97
2021	4.50%	89.91	37.80%	97
2020	4.81%	90.04	39.44%	101
2019	5.25%	124.90	38.85%	101
2018	3.36%	75.06	24.86%	105
2017	1.81%	60.00	26.24%	106
2016	4.20%	10.00	55.90%	1,058
2015	3.82%	10.01	72.96%	1,058

*In millions

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

Ube Industries Stock performance

Finally, last moth Ube Industries showed a return of -5.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 19.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.