05-31-2023
JPY/share | |
Price | 2,795.00 |
Dividend | 129.97 |
Earnings | 481.90 |
Cash-flow | 735.53 |
Book value | 3,493.75 |
Equity | 3,393.66 |
Sojitz is part of General Industrials business, which is part of Industrials industry. Sojitz is a company from Japan, and his stocks are publicly traded.
Sojitz stock dividend
Sojitz paid a total dividend of 30,023 million JPY last year, for a market value of 645,645 millions (Market Cap 644,716 millions). Sojitz dividend per share is 129.97 JPY, and his stock market price 2,795.00 JPY.
According to the chart below, where dividend yield is displayed, Sojitz has a dividend yield of 4.65%, 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 Sojitz stocks dividend with other General Industrials companies or other of the high Japan dividend stocks list.
Sojitz Dividend Payout
About the ability of Sojitz to maintain his current dividend of JPY 129.97 per share, an amount that accounts for 4.65%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sojitz payout on ernings is currently 26.97%, which is lower than the market average and companies of Industrials industry, which are 39.87% and 36.49% respectively. Both figures lead us to believe that there is confidence that Sojitzcan 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 Sojitz is JPY 735.53 per share, which is higher than the dividend per share paid by the company of JPY 129.97, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Sojitz, compared againt world market average, Japan companies, Industrials industry and General Industrials sector companies.
Sojitz Dividend History
Below you will find a table with the historical evolution of Sojitz'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 | 4.65% | 129.97 | 26.97% | 231 |
2022 | 5.01% | 125.90 | 33.07% | 231 |
2021 | 4.63% | 80.01 | 59.73% | 231 |
2020 | 5.87% | 13.50 | 24.65% | 1,199 |
2019 | 5.11% | 17.99 | 30.15% | 1,249 |
2018 | 3.53% | 13.48 | 27.53% | 1,251 |
2017 | 2.60% | 9.00 | 24.97% | 1,251 |
2016 | 2.76% | 8.00 | 23.17% | 1,252 |
2015 | 2.78% | 7.51 | 28.37% | 1,252 |
*In millions
Then you can see the evolution of Sojitz dividend stock, and compare it with the average of Japan stocks and that of the General Industrials stocks.
Sojitz Stock performance
Finally, last moth Sojitz showed a return of -2.00% compared to a worldwide -2.16% average, and a -0.90% of Industrials firms. Over the last year, the company obtained a 37.10% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Japan and General Industrials firms.