Air Water Dividend yield

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 stock dividend

Air Water paid a total dividend of 12,732 million JPY last year, for a market value of 416,091 millions (Market Cap 324,862 millions). Air Water dividend per share is 56.09 JPY, and his stock market price 1,833.00 JPY.

According to the chart below, where dividend yield is displayed, Air Water has a dividend yield of 3.06%, 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 stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Air Water Dividend Payout

About the ability of Air Water to maintain his current dividend of JPY 56.09 per share, an amount that accounts for 3.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Air Water payout on ernings is currently 28.76%, 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 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 254.58 per share, which is higher than the dividend per share paid by the company of JPY 56.09, 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 Dividend History

Below you will find a table with the historical evolution of Air Water'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	3.06%	56.09	28.76%	227
2022	3.71%	56.95	27.46%	226
2021	2.76%	49.02	35.61%	226
2020	2.51%	46.03	31.62%	227
2019	2.56%	40.96	30.21%	196
2018	2.40%	39.96	30.96%	195
2017	1.56%	37.10	32.45%	195
2016	1.43%	27.96	24.46%	196
2015	1.45%	28.97	24.94%	196

*In millions

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

Air Water Stock performance

Finally, last moth Air Water showed a return of -8.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 5.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.