Toyo Tire & Rubber Dividend yield




   JPY/share 
 Price  1,563.00
 Dividend  75.96
 Earnings  269.48
 Cash-flow  256.23
 Book value  1,736.67
 Equity  1,633.21

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 paid a total dividend of 11,698 million JPY last year, for a market value of 240,702 millions (Market Cap 158,111 millions). Dividend per share of Toyo Tire & Rubber is 75.96 JPY, and his stock market price 1,563.00 JPY.

According to the chart below, where dividend yield is displayed, Toyo Tire & Rubber has a dividend yield of 4.86%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 Toyo Tire & Rubber dividend yield with other Automobiles and Parts companies or firms from Japan.

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 75.96 per share, an amount that accounts for 4.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toyo Tire & Rubber payout on ernings is currently 28.19%, which is lower than the market average and companies of Consumer Goods industry, which are 38.25% and 43.24% 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 256.23 per share, which is higher than the dividend per share paid by the company of JPY 75.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of 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

Year Yield  JPY  Paypout  Shares* 
Present4.86%75.9628.19%154
20212.51%45.0359.23%154
20202.87%45.0028.41%154
20192.86%45.0565.79%154
20183.27%44.9636.95%127
20171.93%44.93-46.51%127
20163.22%44.980.00%127
20150.94%25.026.49%127

*In millions

Toyo Tire & Rubber Stock performance

Finally, last moth Toyo Tire & Rubber showed a return of 2.90% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a -20.20% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

Toyo Tire & Rubber stock and market return