Yokohama Rubber Dividend yield




   JPY/share 
 Price  1,692.00
 Dividend  64.97
 Earnings  412.68
 Cash-flow  423.00
 Book value  3,384.00
 Equity  2,968.92

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

Yokohama Rubber paid a total dividend of 10,460 million JPY last year, for a market value of 272,412 millions (Market Cap 176,581 millions). Dividend per share of Yokohama Rubber is 64.97 JPY, and his stock market price 1,692.00 JPY.

According to the chart below, where dividend yield is displayed, Yokohama Rubber has a dividend yield of 3.84%, 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 Yokohama Rubber dividend yield with other Automobiles and Parts companies or firms from Japan.

Dividend yield of Yokohama Rubber

Yokohama Rubber Dividend Payout

About the ability of Yokohama Rubber to maintain his current dividend of JPY 64.97 per share, an amount that accounts for 3.84%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Yokohama Rubber payout on ernings is currently 15.74%, 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 Yokohama 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 Yokohama Rubber is JPY 423.00 per share, which is higher than the dividend per share paid by the company of JPY 64.97, so the company generates enough cash to maintain his dividend in the future.

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

Yokohama Rubber payout

Yokohama Rubber Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.84%64.9715.74%161
20213.53%65.0634.24%161
20204.17%63.9722.10%160
20192.91%62.0125.03%160
20183.00%61.9522.80%160
20171.88%51.9416.73%160
20162.52%52.0922.93%160
20151.94%41.0710.09%160

*In millions

Yokohama Rubber Stock performance

Finally, last moth Yokohama Rubber showed a return of 5.30% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a -14.50% 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.

Yokohama Rubber stock and market return