Rengo Dividend yield




   JPY/share 
 Price  877.00
 Dividend  24.03
 Earnings  115.39
 Cash-flow  265.76
 Book value  1,252.86
 Equity  1,189.59

Rengo is part of General Industrials business, which is part of Industrials industry. Rengo is a company from Japan, and his stocks are publicly traded.

Rengo paid a total dividend of 5,959 million JPY last year, for a market value of 217,496 millions (Market Cap 182,391 millions). Dividend per share of Rengo is 24.03 JPY, and his stock market price 877.00 JPY.

According to the chart below, where dividend yield is displayed, Rengo has a dividend yield of 2.74%, 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 Rengo dividend yield with other General Industrials companies or firms from Japan.

Dividend yield of Rengo

Rengo Dividend Payout

About the ability of Rengo to maintain his current dividend of JPY 24.03 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rengo payout on ernings is currently 20.83%, which is lower than the market average and companies of Industrials industry, which are 39.27% and 37.52% respectively. Both figures lead us to believe that there is confidence that Rengocan 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 Rengo is JPY 265.76 per share, which is higher than the dividend per share paid by the company of JPY 24.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rengo, compared againt world market average, Japan companies, Industrials industry and General Industrials sector companies.

Rengo payout

Rengo Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.74%24.0320.83%248
20202.78%24.0221.41%248
20191.68%14.0120.16%248
20181.38%11.9817.80%248
20171.46%12.0221.47%248
20161.77%11.9826.55%248
20152.20%12.0141.13%248

*In millions

Rengo Stock performance

Finally, last moth Rengo showed a return of -2.20% compared to a worldwide -1.34% average, and a -2.07% of Industrials firms. Over the last year, the company obtained a 10.50% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for Japan and General Industrials firms.

Rengo stock and market return