Tosoh Dividend yield




   JPY/share 
 Price  1,570.00
 Dividend  89.96
 Earnings  341.30
 Cash-flow  341.30
 Book value  2,242.86
 Equity  2,093.87

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 paid a total dividend of 28,607 million JPY last year, for a market value of 499,260 millions (Market Cap 436,190 millions). Dividend per share of Tosoh is 89.96 JPY, and his stock market price 1,570.00 JPY.

According to the chart below, where dividend yield is displayed, Tosoh has a dividend yield of 5.73%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Basic Materials 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 Tosoh dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Tosoh

Tosoh Dividend Payout

About the ability of Tosoh to maintain his current dividend of JPY 89.96 per share, an amount that accounts for 5.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tosoh payout on ernings is currently 26.36%, 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 Tosohcan 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 Tosoh is JPY 341.30 per share, which is higher than the dividend per share paid by the company of JPY 89.96, so the company generates 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

Year Yield  JPY  Paypout  Shares* 
Present5.73%89.9626.36%318
20213.63%61.9331.22%318
20203.48%55.9632.02%318
20193.30%55.9423.10%325
20184.19%60.0021.79%325
20171.64%41.8918.04%325
20161.89%14.5223.82%649
20151.74%12.018.18%649

*In millions

Tosoh Stock performance

Finally, last moth Tosoh showed a return of -3.30% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a -8.00% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Tosoh stock and market return