Tobu Railway Dividend yield

Tobu Railway is part of Travel and Leisure business, which is part of Consumer Services industry. Tobu Railway is a company from Japan, and his stocks are publicly traded.

Tobu Railway stock dividend

Tobu Railway paid a total dividend of 4,201 million JPY last year, for a market value of 636,405 millions (Market Cap 616,806 millions). Tobu Railway dividend per share is 20.10 JPY, and his stock market price 3,045.00 JPY.

According to the chart below, where dividend yield is displayed, Tobu Railway has a dividend yield of 0.66%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tobu Railway stocks dividend with other Travel and Leisure companies or other of the highest Japan dividend stocks list.

Tobu Railway Dividend Payout

About the ability of Tobu Railway to maintain his current dividend of JPY 20.10 per share, an amount that accounts for 0.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tobu Railway payout on ernings is currently 31.16%, which is lower than the market average and companies of Consumer Services industry, which are 41.20% and 31.86% respectively. Both figures lead us to believe that there is confidence that Tobu Railwaycan 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 Tobu Railway is JPY 320.53 per share, which is higher than the dividend per share paid by the company of JPY 20.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tobu Railway, compared againt world market average, Japan companies, Consumer Services industry and Travel and Leisure sector companies.

Tobu Railway Dividend History

Below you will find a table with the historical evolution of Tobu Railway'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	0.66%	20.10	31.16%	209
2022	0.65%	20.02	31.07%	209
2021	0.76%	19.93	-16.65%	209
2020	0.98%	30.14	17.74%	209
2019	0.95%	37.57	28.31%	211
2018	1.18%	34.96	20.53%	211
2017	0.96%	34.94	20.73%	214
2016	1.09%	5.97	23.53%	1,076
2015	1.00%	6.00	9.60%	1,076

*In millions

Then you can see the evolution of Tobu Railway dividend stock, and compare it with the average of Japan stocks and that of the Travel and Leisure stocks.

Tobu Railway Stock performance

Finally, last moth Tobu Railway showed a return of -1.10% compared to a worldwide 5.46% average, and a 7.22% of Consumer Services firms. Over the last year, the company obtained a 13.70% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Japan and Travel and Leisure firms.