08-31-2023
JPY/share | |
Price | 5,113.00 |
Dividend | 210.14 |
Earnings | 0.00 |
Cash-flow | 983.27 |
Book value | 6,391.25 |
Equity | 0.00 |
Asahi Glass is part of Construction and Materials business, which is part of Industrials industry. Asahi Glass is a company from Japan, and his stocks are publicly traded.
Asahi Glass stock dividend
Asahi Glass paid a total dividend of 46,231 million JPY last year, for a market value of 1,124,860 millions (Market Cap 932,538 millions). Asahi Glass dividend per share is 210.14 JPY, and his stock market price 5,113.00 JPY.
According to the chart below, where dividend yield is displayed, Asahi Glass has a dividend yield of 4.11%, 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 Asahi Glass stocks dividend with other Construction and Materials companies or other of the high Japan dividend stocks list.
Asahi Glass Dividend Payout
About the ability of Asahi Glass to maintain his current dividend of JPY 210.14 per share, an amount that accounts for 4.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asahi Glass payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.
higher than the dividend per share paid by the company of JPY 210.14, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Asahi Glass, compared againt world market average, Japan companies, Industrials industry and Construction and Materials sector companies.
Asahi Glass Dividend History
Below you will find a table with the historical evolution of Asahi Glass'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 | 4.11% | 210.14 | 0.00% | 220 |
2022 | 4.78% | 210.08 | 34.42% | 222 |
2021 | 2.91% | 159.76 | 81.77% | 222 |
2020 | 3.33% | 119.88 | 49.28% | 222 |
2019 | 3.05% | 119.87 | 27.15% | 222 |
2018 | 3.21% | 110.10 | 31.14% | 222 |
2017 | 1.84% | 89.79 | 38.09% | 231 |
2016 | 2.42% | 17.98 | 41.62% | 1,156 |
2015 | 2.49% | 18.03 | 90.65% | 1,156 |
*In millions
Then you can see the evolution of Asahi Glass dividend stock, and compare it with the average of Japan stocks and that of the Construction and Materials stocks.
Asahi Glass Stock performance
Finally, last moth Asahi Glass showed a return of -0.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 7.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.