Toyo Tire & Rubber Dividend yield

 Price  2,197.00
 Dividend  70.08
 Earnings  309.44
 Cash-flow  98.52
 Book value  1,997.27
 Equity  1,934.00

Toyo Tire & Rubber is part of Automobiles and Parts business, which is part of Consumer Goods industry. Toyo Tire & Rubber is a company from Japan, and his stocks are publicly traded.

Toyo Tire & Rubber stock dividend

Toyo Tire & Rubber paid a total dividend of 10,792 million JPY last year, for a market value of 338,338 millions (Market Cap 222,214 millions). Toyo Tire & Rubber dividend per share is 70.08 JPY, and his stock market price 2,197.00 JPY.

According to the chart below, where dividend yield is displayed, Toyo Tire & Rubber has a dividend yield of 3.19%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Toyo Tire & Rubber stocks dividend with other Automobiles and Parts companies or other of the highest Japan dividend stocks list.

Dividend yield of Toyo Tire & Rubber

Toyo Tire & Rubber Dividend Payout

About the ability of Toyo Tire & Rubber to maintain his current dividend of JPY 70.08 per share, an amount that accounts for 3.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toyo Tire & Rubber payout on ernings is currently 22.65%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Toyo Tire & Rubbercan 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 Toyo Tire & Rubber is JPY 98.52 per share, which is higher than the dividend per share paid by the company of JPY 70.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Toyo Tire & Rubber, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Toyo Tire & Rubber payout

Toyo Tire & Rubber Dividend History

Below you will find a table with the historical evolution of Toyo Tire & Rubber'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 Toyo Tire & Rubber dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

Toyo Tire & Rubber stock dividend history

Toyo Tire & Rubber Stock performance

Finally, last moth Toyo Tire & Rubber showed a return of 14.30% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 29.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

Toyo Tire & Rubber stock and market return