Resona Holdings Dividend yield




   JPY/share 
 Price  449.00
 Dividend  21.01
 Earnings  51.61
 Cash-flow  104.42
 Book value  898.00
 Equity  905.44

Resona Holdings is part of Banks business, which is part of Financials industry. Resona Holdings is a company from Japan, and his stocks are publicly traded.

Resona Holdings paid a total dividend of 50,823 million JPY last year, for a market value of 1,086,131 millions (Market Cap 975,251 millions). Dividend per share of Resona Holdings is 21.01 JPY, and his stock market price 449.00 JPY.

According to the chart below, where dividend yield is displayed, Resona Holdings has a dividend yield of 4.68%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Financials 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 Resona Holdings dividend yield with other Banks companies or firms from Japan.

Dividend yield of Resona Holdings

Resona Holdings Dividend Payout

About the ability of Resona Holdings to maintain his current dividend of JPY 21.01 per share, an amount that accounts for 4.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Resona Holdings payout on ernings is currently 40.71%, which is higher than the market average, and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures show that Resona Holdings 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 Resona Holdings is JPY 104.42 per share, which is higher than the dividend per share paid by the company of JPY 21.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Resona Holdings, compared againt world market average, Japan companies, Financials industry and Banks sector companies.

Resona Holdings payout

Resona Holdings Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.68%21.0140.71%2,419
20205.83%20.9931.48%2,297
20194.38%20.9827.59%2,316
20183.88%20.5320.57%2,315
20172.90%19.5229.30%2,322
20163.27%17.9923.88%2,323
20151.41%8.479.86%2,323

*In millions

Resona Holdings Stock performance

Finally, last moth Resona Holdings showed a return of 5.40% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 25.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Banks firms.

Resona Holdings stock and market return