DIC Dividend yield

 Price  2,512.00
 Dividend  99.98
 Earnings  186.07
 Cash-flow  83.73
 Book value  4,186.67
 Equity  3,876.46

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

DIC stock dividend

DIC paid a total dividend of 9,498 million JPY last year, for a market value of 238,640 millions (Market Cap 204,131 millions). DIC dividend per share is 99.98 JPY, and his stock market price 2,512.00 JPY.

According to the chart below, where dividend yield is displayed, DIC has a dividend yield of 3.98%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare DIC stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Dividend yield of DIC

DIC Dividend Payout

About the ability of DIC to maintain his current dividend of JPY 99.98 per share, an amount that accounts for 3.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). DIC payout on ernings is currently 53.73%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that DIC 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 DIC is JPY 83.73 per share, which is lower than the dividend per share paid by the company of JPY 99.98, so the company does not generate enough cash to maintain his dividend in the future.

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

DIC payout

DIC Dividend History

Below you will find a table with the historical evolution of DIC'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* 

*In millions

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

DIC stock dividend history

DIC Stock performance

Finally, last moth DIC showed a return of -6.30% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 0.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

DIC stock and market return