Advantest Corp Dividend yield

Advantest Corp is part of Technology Hardware and Equip. business, which is part of Technology industry. Advantest Corp is a company from Japan, and his stocks are publicly traded.

Advantest Corp stock dividend

Advantest Corp paid a total dividend of 24,930 million JPY last year, for a market value of 3,369,040 millions (Market Cap 3,368,483 millions). Advantest Corp dividend per share is 135.49 JPY, and his stock market price 18,310.00 JPY.

According to the chart below, where dividend yield is displayed, Advantest Corp has a dividend yield of 0.74%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Advantest Corp stocks dividend with other Technology Hardware and Equip. companies or other of the high Japan dividend stocks list.

Advantest Corp Dividend Payout

About the ability of Advantest Corp to maintain his current dividend of JPY 135.49 per share, an amount that accounts for 0.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Advantest Corp payout on ernings is currently 18.43%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Advantest Corpcan 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 Advantest Corp is JPY 381.46 per share, which is higher than the dividend per share paid by the company of JPY 135.49, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Advantest Corp, compared againt world market average, Japan companies, Technology industry and Technology Hardware and Equip. sector companies.

Advantest Corp Dividend History

Below you will find a table with the historical evolution of Advantest Corp'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*
Present	0.74%	135.49	18.43%	184
2022	1.59%	134.83	27.67%	185
2021	1.10%	119.90	32.23%	194
2020	0.58%	44.83	15.43%	196
2019	1.35%	83.16	28.62%	198
2018	2.50%	56.10	58.25%	194
2017	1.00%	20.91	25.00%	177
2016	1.48%	22.95	54.89%	175
2015	1.79%	20.01	30.78%	200

*In millions

Then you can see the evolution of Advantest Corp dividend stock, and compare it with the average of Japan stocks and that of the Technology Hardware and Equip. stocks.

Advantest Corp Stock performance

Finally, last moth Advantest Corp showed a return of -6.20% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 128.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Technology Hardware and Equip. firms.