Ube Industries Dividend yield




   JPY/share 
 Price  1,997.00
 Dividend  90.06
 Earnings  237.74
 Cash-flow  688.62
 Book value  3,994.00
 Equity  3,602.12

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

Ube Industries paid a total dividend of 8,736 million JPY last year, for a market value of 193,709 millions (Market Cap 192,404 millions). Dividend per share of Ube Industries is 90.06 JPY, and his stock market price 1,997.00 JPY.

According to the chart below, where dividend yield is displayed, Ube Industries has a dividend yield of 4.51%, 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 Ube Industries dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Ube Industries

Ube Industries Dividend Payout

About the ability of Ube Industries to maintain his current dividend of JPY 90.06 per share, an amount that accounts for 4.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ube Industries payout on ernings is currently 37.88%, which is lower than the market average and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures lead us to believe that there is confidence that Ube Industriescan 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 Ube Industries is JPY 688.62 per share, which is higher than the dividend per share paid by the company of JPY 90.06, so the company generates enough cash to maintain his dividend in the future.

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

Ube Industries payout

Ube Industries Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.51%90.0637.88%97
20214.50%89.9137.80%97
20204.81%90.0439.44%101
20195.25%124.9038.85%101
20183.36%75.0624.86%105
20171.81%60.0026.24%106
20164.20%10.0055.90%1,058
20153.82%10.0172.96%1,058

*In millions

Ube Industries Stock performance

Finally, last moth Ube Industries showed a return of -6.00% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a -15.30% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Ube Industries stock and market return