Alps Electric Dividend yield

Alps Electric is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Alps Electric is a company from Japan, and his stocks are publicly traded.

Alps Electric stock dividend

Alps Electric paid a total dividend of 8,254 million JPY last year, for a market value of 250,908 millions (Market Cap 241,209 millions). Alps Electric dividend per share is 40.07 JPY, and his stock market price 1,218.00 JPY.

According to the chart below, where dividend yield is displayed, Alps Electric has a dividend yield of 3.29%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials 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 Alps Electric stocks dividend with other Electronic and Electrical Equipment companies or other of the high Japan dividend stocks list.

Alps Electric Dividend Payout

About the ability of Alps Electric to maintain his current dividend of JPY 40.07 per share, an amount that accounts for 3.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Alps Electric payout on ernings is currently 71.72%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Alps Electric 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 Alps Electric is JPY -31.07 per share, which is lower than the dividend per share paid by the company of JPY 40.07, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Alps Electric, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Alps Electric Dividend History

Below you will find a table with the historical evolution of Alps Electric'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	3.29%	40.07	71.72%	206
2022	2.51%	30.04	27.10%	207
2021	1.84%	19.96	-107.78%	207
2020	1.47%	19.96	-101.84%	204
2019	1.81%	45.11	42.00%	206
2018	2.11%	45.05	21.31%	223
2017	0.99%	31.88	17.92%	196
2016	1.04%	29.88	14.98%	196
2015	0.52%	20.12	10.81%	186

*In millions

Then you can see the evolution of Alps Electric dividend stock, and compare it with the average of Japan stocks and that of the Electronic and Electrical Equipment stocks.

Alps Electric Stock performance

Finally, last moth Alps Electric showed a return of -3.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -2.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.