Taiheiyo Cement Corp Dividend yield




   JPY/share 
 Price  2,019.00
 Dividend  70.06
 Earnings  403.80
 Cash-flow  961.43
 Book value  4,038.00
 Equity  3,920.39

Taiheiyo Cement Corp is part of Construction and Materials business, which is part of Industrials industry. Taiheiyo Cement Corp is a company from Japan, and his stocks are publicly traded.

Taiheiyo Cement Corp paid a total dividend of 8,197 million JPY last year, for a market value of 236,223 millions (Market Cap 229,838 millions). Dividend per share of Taiheiyo Cement Corp is 70.06 JPY, and his stock market price 2,019.00 JPY.

According to the chart below, where dividend yield is displayed, Taiheiyo Cement Corp has a dividend yield of 3.47%, 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 Taiheiyo Cement Corp dividend yield with other Construction and Materials companies or firms from Japan.

Dividend yield of Taiheiyo Cement Corp

Taiheiyo Cement Corp Dividend Payout

About the ability of Taiheiyo Cement Corp to maintain his current dividend of JPY 70.06 per share, an amount that accounts for 3.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Taiheiyo Cement Corp payout on ernings is currently 17.35%, 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 Taiheiyo Cement 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 Taiheiyo Cement Corp is JPY 961.43 per share, which is higher than the dividend per share paid by the company of JPY 70.06, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Taiheiyo Cement Corp, compared againt world market average, Japan companies, Industrials industry and Construction and Materials sector companies.

Taiheiyo Cement Corp payout

Taiheiyo Cement Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.47%70.0617.35%117
20212.86%65.0116.30%117
20202.33%60.0918.41%120
20191.87%60.1217.02%122
20181.77%60.0918.76%124
20171.23%59.8415.50%124
20161.68%6.0119.31%1,262
20151.58%6.0015.79%1,228

*In millions

Taiheiyo Cement Corp Stock performance

Finally, last moth Taiheiyo Cement Corp showed a return of -8.50% compared to a worldwide 1.12% average, and a 1.26% of Industrials firms. Over the last year, the company obtained a -30.60% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.

Taiheiyo Cement Corp stock and market return