Teijin Dividend yield




   JPY/share 
 Price  1,475.00
 Dividend  55.02
 Earnings  120.90
 Cash-flow  460.94
 Book value  2,458.33
 Equity  2,198.18

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

Teijin paid a total dividend of 10,564 million JPY last year, for a market value of 283,200 millions (Market Cap 271,650 millions). Dividend per share of Teijin is 55.02 JPY, and his stock market price 1,475.00 JPY.

According to the chart below, where dividend yield is displayed, Teijin has a dividend yield of 3.73%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

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

Dividend yield of Teijin

Teijin Dividend Payout

About the ability of Teijin to maintain his current dividend of JPY 55.02 per share, an amount that accounts for 3.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Teijin payout on ernings is currently 45.51%, which is higher than the market average, and companies of Basic Materials industry, which are 40.22% and 41.34% respectively. Both figures show that Teijin can have problems to keep with his present dividend yield.

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 Teijin is JPY 460.94 per share, which is higher than the dividend per share paid by the company of JPY 55.02, so the company generates enough cash to maintain his dividend in the future.

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

Teijin payout

Teijin Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.73%55.0245.51%192
20213.71%52.50-151.38%192
20202.84%55.1041.75%192
20192.93%59.9225.49%192
20183.41%59.9125.23%192
20172.39%59.9923.42%197
20162.12%44.9028.41%197
20151.14%4.9917.31%985

*In millions

Teijin Stock performance

Finally, last moth Teijin showed a return of 4.90% compared to a worldwide -0.44% average, and a 0.66% of Basic Materials firms. Over the last year, the company obtained a -6.80% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Teijin stock and market return