TDK Corp Dividend yield

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 stock dividend

TDK Corp paid a total dividend of 40,079 million JPY last year, for a market value of 2,014,006 millions (Market Cap 1,909,131 millions). TDK Corp dividend per share is 105.75 JPY, and his stock market price 5,314.00 JPY.

According to the chart below, where dividend yield is displayed, TDK Corp has a dividend yield of 1.99%, 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 stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Japan dividend stocks list.

TDK Corp Dividend Payout

About the ability of TDK Corp to maintain his current dividend of JPY 105.75 per share, an amount that accounts for 1.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TDK Corp payout on ernings is currently 30.85%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% 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 690.13 per share, which is higher than the dividend per share paid by the company of JPY 105.75, 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 Dividend History

Below you will find a table with the historical evolution of TDK Corp'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	1.99%	105.75	30.85%	379
2022	2.26%	97.97	25.54%	379
2021	1.48%	66.45	26.94%	379
2020	1.16%	180.26	12.53%	126
2019	1.37%	169.74	26.03%	126
2018	1.94%	149.77	28.32%	126
2017	1.33%	119.57	10.37%	126
2016	1.56%	119.96	23.40%	126
2015	1.24%	109.74	28.02%	126

*In millions

Then you can see the evolution of TDK Corp dividend stock, and compare it with the average of Japan stocks and that of the Electronic and Electrical Equipment stocks.

TDK Corp Stock performance

Finally, last moth TDK Corp showed a return of -2.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 8.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.