Tosoh Dividend yield

 Price  1,886.00
 Dividend  79.97
 Earnings  158.49
 Cash-flow  -50.97
 Book value  2,357.50
 Equity  2,264.14

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

Tosoh stock dividend

Tosoh paid a total dividend of 25,430 million JPY last year, for a market value of 599,748 millions (Market Cap 524,189 millions). Tosoh dividend per share is 79.97 JPY, and his stock market price 1,886.00 JPY.

According to the chart below, where dividend yield is displayed, Tosoh has a dividend yield of 4.24%, 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 Tosoh stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Dividend yield of Tosoh

Tosoh Dividend Payout

About the ability of Tosoh to maintain his current dividend of JPY 79.97 per share, an amount that accounts for 4.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tosoh payout on ernings is currently 50.46%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Tosoh 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 Tosoh is JPY -50.97 per share, which is lower than the dividend per share paid by the company of JPY 79.97, so the company does not generate enough cash to maintain his dividend in the future.

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

Tosoh payout

Tosoh Dividend History

Below you will find a table with the historical evolution of Tosoh'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* 

*In millions

Then you can see the evolution of Tosoh dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Tosoh stock dividend history

Tosoh Stock performance

Finally, last moth Tosoh showed a return of 1.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 4.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Tosoh stock and market return