Rinnai Corp Dividend yield




   JPY/share 
 Price  12,260.00
 Dividend  134.86
 Earnings  537.72
 Cash-flow  965.35
 Book value  6,811.11
 Equity  6,401.43

Rinnai Corp is part of Household Goods and Home Constr. business, which is part of Consumer Goods industry. Rinnai Corp is a company from Japan, and his stocks are publicly traded.

Rinnai Corp paid a total dividend of 6,878 million JPY last year, for a market value of 625,260 millions (Market Cap 447,842 millions). Dividend per share of Rinnai Corp is 134.86 JPY, and his stock market price 12,260.00 JPY.

According to the chart below, where dividend yield is displayed, Rinnai Corp has a dividend yield of 1.10%, lower than the amount offered by both the market average and companies from Japan. 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 Rinnai Corp dividend yield with other Household Goods and Home Constr. companies or firms from Japan.

Dividend yield of Rinnai Corp

Rinnai Corp Dividend Payout

About the ability of Rinnai Corp to maintain his current dividend of JPY 134.86 per share, an amount that accounts for 1.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rinnai Corp payout on ernings is currently 25.08%, which is lower than the market average and companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures lead us to believe that there is confidence that Rinnai 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 Rinnai Corp is JPY 965.35 per share, which is higher than the dividend per share paid by the company of JPY 134.86, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rinnai Corp, compared againt world market average, Japan companies, Consumer Goods industry and Household Goods and Home Constr. sector companies.

Rinnai Corp payout

Rinnai Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.10%134.8625.08%51
20200.83%99.4323.74%51
20191.12%95.7624.08%51
20181.27%91.9522.35%51
20170.86%87.7220.21%51
20160.86%83.6819.18%52
20150.71%78.2414.06%52

*In millions

Rinnai Corp Stock performance

Finally, last moth Rinnai Corp showed a return of 3.60% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 19.70% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Household Goods and Home Constr. firms.

Rinnai Corp stock and market return