Taiyo Nippon Sanso Dividend yield




   JPY/share 
 Price  1,916.00
 Dividend  36.02
 Earnings  182.48
 Cash-flow  342.14
 Book value  1,473.85
 Equity  1,312.81

Taiyo Nippon Sanso is part of Chemicals business, which is part of Basic Materials industry. Taiyo Nippon Sanso is a company from Japan, and his stocks are publicly traded.

Taiyo Nippon Sanso paid a total dividend of 15,597 million JPY last year, for a market value of 829,628 millions (Market Cap 273,618 millions). Dividend per share of Taiyo Nippon Sanso is 36.02 JPY, and his stock market price 1,916.00 JPY.

According to the chart below, where dividend yield is displayed, Taiyo Nippon Sanso has a dividend yield of 1.88%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Taiyo Nippon Sanso dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Taiyo Nippon Sanso

Taiyo Nippon Sanso Dividend Payout

About the ability of Taiyo Nippon Sanso to maintain his current dividend of JPY 36.02 per share, an amount that accounts for 1.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Taiyo Nippon Sanso payout on ernings is currently 19.74%, which is lower than the market average and companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures lead us to believe that there is confidence that Taiyo Nippon Sansocan 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 Taiyo Nippon Sanso is JPY 342.14 per share, which is higher than the dividend per share paid by the company of JPY 36.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Taiyo Nippon Sanso, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Taiyo Nippon Sanso payout

Taiyo Nippon Sanso Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.88%36.0219.74%433
20211.27%31.9219.94%433
20201.46%27.9717.96%433
20191.11%26.9523.75%433
20181.34%24.0714.21%433
20171.40%22.0824.92%433
20161.44%18.0323.47%433
20151.19%14.0123.57%433

*In millions

Taiyo Nippon Sanso Stock performance

Finally, last moth Taiyo Nippon Sanso showed a return of -15.70% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a -23.80% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Taiyo Nippon Sanso stock and market return