05-31-2023
KRW/share | |
Price | 88,600.00 |
Dividend | 2,498.52 |
Earnings | 55,375.00 |
Cash-flow | 126,571.43 |
Book value | 177,200.00 |
Equity | 182,755.78 |
CJ Corp is part of Food Producers business, which is part of Consumer Goods industry. CJ Corp is a company from Korea, and his stocks are publicly traded.
CJ Corp stock dividend
CJ Corp paid a total dividend of 67,460 million KRW last year, for a market value of 2,392,200 millions (Market Cap 1,131,803 millions). CJ Corp dividend per share is 2,498.52 KRW, and his stock market price 88,600.00 KRW.
According to the chart below, where dividend yield is displayed, CJ Corp has a dividend yield of 2.82%, lower than the amount offered by both the market average and companies from Korea. 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 CJ Corp stocks dividend with other Food Producers companies or other of the best Korea dividend stocks list.
CJ Corp Dividend Payout
About the ability of CJ Corp to maintain his current dividend of KRW 2498.52 per share, an amount that accounts for 2.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CJ Corp payout on ernings is currently 4.51%, which is lower than the market average and companies of Consumer Goods industry, which are 39.87% and 43.43% respectively. Both figures lead us to believe that there is confidence that CJ Corpcan 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 CJ Corp is KRW 126,571.43 per share, which is higher than the dividend per share paid by the company of KRW 2,498.52, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of CJ Corp, compared againt world market average, Korea companies, Consumer Goods industry and Food Producers sector companies.
CJ Corp Dividend History
Below you will find a table with the historical evolution of CJ Corp's dividend stock, both in percentage and in KRW, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | KRW | Paypout | Shares* |
Present | 2.82% | 2,498.52 | 4.51% | 27 |
2022 | 2.73% | 2,295.93 | 7.10% | 27 |
2021 | 2.40% | 2,001.60 | 7.68% | 27 |
2020 | 2.01% | 1,851.21 | 5.23% | 27 |
2019 | 1.50% | 1,449.00 | 3.90% | 26 |
2018 | 1.04% | 1,263.60 | 3.22% | 26 |
2017 | 0.74% | 1,343.10 | 4.22% | 26 |
2016 | 0.77% | 1,351.35 | 4.62% | 26 |
2015 | 0.38% | 961.40 | 3.61% | 26 |
*In millions
Then you can see the evolution of CJ Corp dividend stock, and compare it with the average of Korea stocks and that of the Food Producers stocks.
CJ Corp Stock performance
Finally, last moth CJ Corp showed a return of -3.20% compared to a worldwide -2.16% average, and a -2.57% of Consumer Goods firms. Over the last year, the company obtained a 3.70% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Korea and Food Producers firms.