08-31-2023
JPY/share | |
Price | 1,105.00 |
Dividend | 40.00 |
Earnings | 110.50 |
Cash-flow | 187.29 |
Book value | 1,381.25 |
Equity | 1,284.88 |
Orient Corp is part of Financial Services business, which is part of Financials industry. Orient Corp is a company from Japan, and his stocks are publicly traded.
Orient Corp stock dividend
Orient Corp paid a total dividend of 6,880 million JPY last year, for a market value of 190,060 millions (Market Cap 62,545 millions). Orient Corp dividend per share is 40.00 JPY, and his stock market price 1,105.00 JPY.
According to the chart below, where dividend yield is displayed, Orient Corp has a dividend yield of 3.62%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Financials 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 Orient Corp stocks dividend with other Financial Services companies or other of the best Japan dividend stocks list.
Orient Corp Dividend Payout
About the ability of Orient Corp to maintain his current dividend of JPY 40.00 per share, an amount that accounts for 3.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Orient Corp payout on ernings is currently 36.20%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Orient 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 Orient Corp is JPY 187.29 per share, which is higher than the dividend per share paid by the company of JPY 40.00, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Orient Corp, compared againt world market average, Japan companies, Financials industry and Financial Services sector companies.
Orient Corp Dividend History
Below you will find a table with the historical evolution of Orient Corp'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 | 3.62% | 40.00 | 36.20% | 172 |
2022 | 2.59% | 30.04 | 28.49% | 172 |
2021 | 2.40% | 3.00 | 31.91% | 1,716 |
2020 | 2.59% | 3.00 | 27.68% | 1,717 |
2019 | 1.21% | 2.00 | 13.21% | 1,717 |
2018 | 1.49% | 2.00 | 15.07% | 1,717 |
2017 | 1.11% | 2.00 | 13.00% | 1,718 |
2016 | 0.00% | 0.00 | 0.00% | 1,718 |
2015 | 0.00% | 0.00 | 0.00% | 1,718 |
*In millions
Then you can see the evolution of Orient Corp dividend stock, and compare it with the average of Japan stocks and that of the Financial Services stocks.
Orient Corp Stock performance
Finally, last moth Orient Corp showed a return of -0.60% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -9.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Financial Services firms.