Yokohama Rubber Dividend yield

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

Yokohama Rubber stock dividend

Yokohama Rubber paid a total dividend of 10,789 million JPY last year, for a market value of 477,365 millions (Market Cap 388,392 millions). Yokohama Rubber dividend per share is 67.01 JPY, and his stock market price 2,965.00 JPY.

According to the chart below, where dividend yield is displayed, Yokohama Rubber has a dividend yield of 2.26%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Yokohama Rubber stocks dividend with other Automobiles and Parts companies or other of the best Japan dividend stocks list.

Yokohama Rubber Dividend Payout

About the ability of Yokohama Rubber to maintain his current dividend of JPY 67.01 per share, an amount that accounts for 2.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Yokohama Rubber payout on ernings is currently 21.24%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Yokohama Rubbercan 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 Yokohama Rubber is JPY 245.04 per share, which is higher than the dividend per share paid by the company of JPY 67.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Yokohama Rubber, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Yokohama Rubber Dividend History

Below you will find a table with the historical evolution of Yokohama Rubber'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	2.26%	67.01	21.24%	161
2022	3.21%	66.06	15.09%	161
2021	3.53%	65.06	34.24%	161
2020	4.17%	63.97	22.10%	160
2019	2.91%	62.01	25.03%	160
2018	3.00%	61.95	22.80%	160
2017	1.88%	51.94	16.73%	160
2016	2.52%	52.09	22.93%	160
2015	1.94%	41.07	10.09%	160

*In millions

Then you can see the evolution of Yokohama Rubber dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

Yokohama Rubber Stock performance

Finally, last moth Yokohama Rubber showed a return of -6.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 29.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.