Yamato Kogyo Dividend yield




   JPY/share 
 Price  3,715.00
 Dividend  160.12
 Earnings  78.21
 Cash-flow  437.06
 Book value  4,643.75
 Equity  4,888.13

Yamato Kogyo is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Yamato Kogyo is a company from Japan, and his stocks are publicly traded.

Yamato Kogyo paid a total dividend of 10,248 million JPY last year, for a market value of 237,760 millions (Market Cap 123,030 millions). Dividend per share of Yamato Kogyo is 160.12 JPY, and his stock market price 3,715.00 JPY.

According to the chart below, where dividend yield is displayed, Yamato Kogyo has a dividend yield of 4.31%, 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 Yamato Kogyo dividend yield with other Industrial Metals and Mining companies or firms from Japan.

Dividend yield of Yamato Kogyo

Yamato Kogyo Dividend Payout

About the ability of Yamato Kogyo to maintain his current dividend of JPY 160.12 per share, an amount that accounts for 4.31%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Yamato Kogyo payout on ernings is currently 204.73%, which is higher than the market average, and companies of Basic Materials industry, which are 38.25% and 40.37% respectively. Both figures show that Yamato Kogyo 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 Yamato Kogyo is JPY 437.06 per share, which is higher than the dividend per share paid by the company of JPY 160.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Yamato Kogyo, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Yamato Kogyo payout

Yamato Kogyo Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.31%160.12204.73%64
20212.68%99.83129.72%65
20202.90%79.9035.67%66
20192.92%80.0723.36%67
20181.94%49.9227.36%67
20171.53%50.1129.68%67
20161.54%50.0522.48%67
20151.26%39.9419.78%68

*In millions

Yamato Kogyo Stock performance

Finally, last moth Yamato Kogyo showed a return of 0.70% compared to a worldwide 1.12% average, and a 3.95% of Basic Materials firms. Over the last year, the company obtained a 13.10% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.

Yamato Kogyo stock and market return