TDK Corp Dividend yield




   JPY/share 
 Price  4,460.00
 Dividend  69.13
 Earnings  246.41
 Cash-flow  586.84
 Book value  2,623.53
 Equity  2,439.70

TDK Corp is part of Electronic and Electrical Equipment business, which is part of Industrials industry. TDK Corp is a company from Japan, and his stocks are publicly traded.

TDK Corp paid a total dividend of 26,200 million JPY last year, for a market value of 1,690,340 millions (Market Cap 1,601,126 millions). Dividend per share of TDK Corp is 69.13 JPY, and his stock market price 4,460.00 JPY.

According to the chart below, where dividend yield is displayed, TDK Corp has a dividend yield of 1.55%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare TDK Corp dividend yield with other Electronic and Electrical Equipment companies or firms from Japan.

Dividend yield of TDK Corp

TDK Corp Dividend Payout

About the ability of TDK Corp to maintain his current dividend of JPY 69.13 per share, an amount that accounts for 1.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TDK Corp payout on ernings is currently 28.05%, which is lower than the market average and companies of Industrials industry, which are 38.25% and 34.62% respectively. Both figures lead us to believe that there is confidence that TDK 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 TDK Corp is JPY 586.84 per share, which is higher than the dividend per share paid by the company of JPY 69.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of TDK Corp, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

TDK Corp payout

TDK Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.55%69.1328.05%379
20211.48%66.4526.94%379
20201.16%180.2612.53%126
20191.37%169.7426.03%126
20181.94%149.7728.32%126
20171.33%119.5710.37%126
20161.56%119.9623.40%126
20151.24%109.7428.02%126

*In millions

TDK Corp Stock performance

Finally, last moth TDK Corp showed a return of -3.00% compared to a worldwide 1.12% average, and a 1.26% of Industrials firms. Over the last year, the company obtained a -12.70% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.

TDK Corp stock and market return