Air Water Dividend yield




   JPY/share 
 Price  1,940.00
 Dividend  44.04
 Earnings  144.78
 Cash-flow  197.96
 Book value  1,492.31
 Equity  1,365.85

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

Air Water paid a total dividend of 9,997 million JPY last year, for a market value of 440,380 millions (Market Cap 343,867 millions). Dividend per share of Air Water is 44.04 JPY, and his stock market price 1,940.00 JPY.

According to the chart below, where dividend yield is displayed, Air Water has a dividend yield of 2.27%, 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 Air Water dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Air Water

Air Water Dividend Payout

About the ability of Air Water to maintain his current dividend of JPY 44.04 per share, an amount that accounts for 2.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Air Water payout on ernings is currently 30.42%, which is lower than the market average and companies of Basic Materials industry, which are 38.17% and 48.78% respectively. Both figures lead us to believe that there is confidence that Air Watercan 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 Air Water is JPY 197.96 per share, which is higher than the dividend per share paid by the company of JPY 44.04, so the company generates enough cash to maintain his dividend in the future.

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

Air Water payout

Air Water Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.27%44.0430.42%227
20202.51%46.0331.62%227
20192.56%40.9630.21%196
20182.40%39.9630.96%195
20171.56%37.1032.45%195
20161.43%27.9624.46%196
20151.45%28.9724.94%196

*In millions

Air Water Stock performance

Finally, last moth Air Water showed a return of 10.70% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 30.60% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Air Water stock and market return