Canon Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   JPY per share 
 Price  1,832.00
 Dividend  120.00
 Earnings  183.20
 Cash-flow  345.66
 Book value  2,617.14
 Equity  2,617.14

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

Canon paid a total dividend of 125,520 million JPY last year, for a market value of 1,916,272 millions (Market Cap 1,821,159 millions). Dividend per share of Canon is 120.00 JPY, and his stock market price 1,832.00 JPY.

According to the chart below, where dividend yield is displayed, Canon has a dividend yield of 6.55%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Technology 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 Canon dividend yield with other Technology Hardware and Equip. companies or firms from Japan.

Dividend yield of Canon

Canon Dividend Payout

About the ability of Canon to maintain his current dividend of JPY 120.00 per share, an amount that accounts for 6.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Canon payout on ernings is currently 65.50%, which is higher than the market average, and companies of Technology industry, which are 37.71% and 32.58% respectively. Both figures show that Canon 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 Canon is JPY 345.66 per share, which is higher than the dividend per share paid by the company of JPY 120.00, so the company generates enough cash to maintain his dividend in the future.

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

Canon payout

Canon Stock performance

Finally, last moth Canon showed a return of 9.30% compared to a worldwide 4.35% average, and a 3.71% of Technology firms. Over the last year, the company obtained a -33.60% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for Japan and Technology Hardware and Equip. firms.

Canon stock and market return

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