Aica Kogyo Dividend yield




   JPY/share 
 Price  3,990.00
 Dividend  106.13
 Earnings  194.63
 Cash-flow  280.99
 Book value  1,995.00
 Equity  1,965.96

Aica Kogyo is part of Construction and Materials business, which is part of Industrials industry. Aica Kogyo is a company from Japan, and his stocks are publicly traded.

Aica Kogyo paid a total dividend of 6,898 million JPY last year, for a market value of 259,350 millions (Market Cap 208,418 millions). Dividend per share of Aica Kogyo is 106.13 JPY, and his stock market price 3,990.00 JPY.

According to the chart below, where dividend yield is displayed, Aica Kogyo has a dividend yield of 2.66%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Aica Kogyo dividend yield with other Construction and Materials companies or firms from Japan.

Dividend yield of Aica Kogyo

Aica Kogyo Dividend Payout

About the ability of Aica Kogyo to maintain his current dividend of JPY 106.13 per share, an amount that accounts for 2.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aica Kogyo payout on ernings is currently 54.53%, which is higher than the market average, and companies of Industrials industry, which are 38.17% and 33.06% respectively. Both figures show that Aica Kogyo 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 Aica Kogyo is JPY 280.99 per share, which is higher than the dividend per share paid by the company of JPY 106.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Aica Kogyo, compared againt world market average, Japan companies, Industrials industry and Construction and Materials sector companies.

Aica Kogyo payout

Aica Kogyo Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.66%106.1354.53%65
20202.97%105.8854.35%65
20192.90%105.1351.62%65
20182.64%97.1552.80%65
20171.74%72.8242.98%65

*In millions

Aica Kogyo Stock performance

Finally, last moth Aica Kogyo showed a return of 8.30% compared to a worldwide 4.24% average, and a 5.39% of Industrials firms. Over the last year, the company obtained a 28.90% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.

Aica Kogyo stock and market return