Sojitz Dividend yield




   JPY/share 
 Price  2,194.00
 Dividend  116.94
 Earnings  378.28
 Cash-flow  281.28
 Book value  3,134.29
 Equity  2,909.85

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 paid a total dividend of 27,013 million JPY last year, for a market value of 506,814 millions (Market Cap 506,085 millions). Dividend per share of Sojitz is 116.94 JPY, and his stock market price 2,194.00 JPY.

According to the chart below, where dividend yield is displayed, Sojitz has a dividend yield of 5.33%, 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 dividend yield with other General Industrials companies or firms from Japan.

Dividend yield of Sojitz

Sojitz Dividend Payout

About the ability of Sojitz to maintain his current dividend of JPY 116.94 per share, an amount that accounts for 5.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sojitz payout on ernings is currently 30.91%, which is lower than the market average and companies of Industrials industry, which are 41.59% and 36.92% 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 281.28 per share, which is higher than the dividend per share paid by the company of JPY 116.94, 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 payout

Sojitz Dividend History

Year Yield  JPY  Paypout  Shares* 
Present5.33%116.9430.91%231
20214.63%80.0159.73%231
20205.87%13.5024.65%1,199
20195.11%17.9930.15%1,249
20183.53%13.4827.53%1,251
20172.60%9.0024.97%1,251
20162.76%8.0023.17%1,252
20152.78%7.5128.37%1,252

*In millions

Sojitz Stock performance

Finally, last moth Sojitz showed a return of 3.30% compared to a worldwide 3.75% average, and a 5.35% of Industrials firms. Over the last year, the company obtained a 17.00% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Japan and General Industrials firms.

Sojitz stock and market return