Zeon Corporation Dividend yield

 Price  1,606.00
 Dividend  35.97
 Earnings  50.03
 Cash-flow  68.05
 Book value  1,606.00
 Equity  1,563.44

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

Zeon Corporation stock dividend

Zeon Corporation paid a total dividend of 7,590 million JPY last year, for a market value of 338,866 millions (Market Cap 223,877 millions). Zeon Corporation dividend per share is 35.97 JPY, and his stock market price 1,606.00 JPY.

According to the chart below, where dividend yield is displayed, Zeon Corporation has a dividend yield of 2.24%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Zeon Corporation stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Dividend yield of Zeon Corporation

Zeon Corporation Dividend Payout

About the ability of Zeon Corporation to maintain his current dividend of JPY 35.97 per share, an amount that accounts for 2.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zeon Corporation payout on ernings is currently 71.90%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Zeon Corporation 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 Zeon Corporation is JPY 68.05 per share, which is higher than the dividend per share paid by the company of JPY 35.97, so the company generates enough cash to maintain his dividend in the future.

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

Zeon Corporation payout

Zeon Corporation Dividend History

Below you will find a table with the historical evolution of Zeon Corporation'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 Zeon Corporation dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Zeon Corporation stock dividend history

Zeon Corporation Stock performance

Finally, last moth Zeon Corporation showed a return of 4.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 19.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Zeon Corporation stock and market return