Hokko Chemical Industry dividend yield calculator – HOKKO Chemical Industry Co Ltd Declares 12.0 Cash Dividend
May 28, 2023
Dividends Yield
On May 25 2023, HOKKO Chemical Industry Co Ltd announced a 12.0 cash dividend to be paid on June 30, 2023. This announcement marks the fourth consecutive year of dividend payments from HOKKO CHEMICAL INDUSTRY ($TSE:4992), making it an attractive stock for dividend investors. Over the past three years, the company has issued a dividend per share of 21.0 JPY, 21.0 JPY, and 19.0 JPY, resulting in dividend yields of 2.36%, 1.88%, and 2.01% for 2021 to 2023, respectively, with an average dividend yield of 2.08%. Therefore, if you are looking for a solid dividend stock, HOKKO CHEMICAL INDUSTRY may be worth your consideration.
The ex-dividend date for the 12.0 cash dividend is May 30 2023. It is important to note that shareholders must own the stock before the ex-dividend date to qualify for the dividend payments. Therefore, investors are advised to purchase HOKKO CHEMICAL INDUSTRY shares before the ex-dividend date to be eligible for the dividend payments.
Market Price
This move was well-received in the stock market, with the company’s stock opening at JP¥911.0 and closing at JP¥939.0, up by 2.6% from last closing price of 915.0. This announcement – signalling HOKKO’s commitment to rewarding its shareholders – further bolstered investor confidence in the company and its products. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hokko Chemical Industry. More…
| Total Revenues | Net Income | Net Margin |
| 45.68k | 4.52k | 10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hokko Chemical Industry. More…
| Operations | Investing | Financing |
| 3.87k | -2.81k | -691 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hokko Chemical Industry. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 61.28k | 21.98k | 1.45k |
Key Ratios Snapshot
Some of the financial key ratios for Hokko Chemical Industry are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | 26.8% | 13.7% |
| FCF Margin | ROE | ROA |
| 2.4% | 10.1% | 6.4% |
Analysis – Hokko Chemical Industry Stock Fair Value
GoodWhale has thoroughly analyzed the financials of HOKKO CHEMICAL INDUSTRY and concluded that its fair value of its share is around JP¥1022.0. This valuation was calculated by our proprietary Valuation Line, which is based on various financial ratios and metrics. Currently, HOKKO CHEMICAL INDUSTRY stock is being traded at JP¥939.0, representing a fair price that is slightly undervalued by 8.1%. Our analysis shows a good potential for investment in the stock of HOKKO CHEMICAL INDUSTRY. More…
Peers
The competition between HOKKO Chemical Industry Co Ltd and its competitors is fierce, with Grupa Azoty Zaklady Chemiczne Police SA, Nantong Jiangshan Agrochemical & Chemicals Co Ltd, and South-East PetroVietnam Fertilizer and Chemical JSC all competing for market share. As a result, all of these companies are striving to provide cost-competitive, innovative products and services to gain a competitive edge in the market.
– Grupa Azoty Zaklady Chemiczne Police SA ($LTS:0OJO)
Grupa Azoty Zaklady Chemiczne Police SA is one of the leading producers of nitrogen-based fertilizers and other chemical products in Europe. As of 2023, the company had a market cap of 1.39 billion, which puts it among the largest companies in the region. Despite its size, Grupa Azoty has struggled to generate a consistent profit in recent years, with a Return on Equity (ROE) of -5.84%. This is largely due to its heavy reliance on the fertilizer market, which has been volatile in recent years. In addition, the company has faced increased competition from Chinese and other international firms, as well as high energy and raw material costs. Despite these challenges, Grupa Azoty continues to be a major player in the European chemical industry.
– Nantong Jiangshan Agrochemical & chemicals Co Ltd ($SHSE:600389)
Nantong Jiangshan Agrochemical & Chemicals Co Ltd is a leading Chinese agrochemical and chemical manufacturer, producing a vast range of products for use in the agricultural and industrial sectors. As of 2023, the company has a market cap of 9.6 billion US dollars, making it one of the largest publicly traded companies in China. The company has also achieved a substantial return on equity of 29.78%, demonstrating its profitability and efficiency in its operations. Through its research and development department, the company continues to innovate and produce high-quality products that are essential to the sector.
Summary
Hokko Chemical Industry is an attractive investment option for dividend seekers. Over the past three years, the company has issued a dividend per share of 21.0 JPY, 21.0 JPY, and 19.0 JPY, respectively, translating to dividend yields of 2.36%, 1.88%, and 2.01%, with an average yield of 2.08%. This makes it an attractive stock for investors looking for stable returns on their investments. The company’s past performance and healthy dividend yield make it an ideal choice for those seeking to diversify their portfolio and earn steady returns.
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