Canon Dividend yield

 Price  3,588.00
 Dividend  129.89
 Earnings  304.07
 Cash-flow  258.13
 Book value  2,990.00
 Equity  2,952.14

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 stock dividend

Canon paid a total dividend of 131,968 million JPY last year, for a market value of 3,645,408 millions (Market Cap 3,463,658 millions). Canon dividend per share is 129.89 JPY, and his stock market price 3,588.00 JPY.

According to the chart below, where dividend yield is displayed, Canon has a dividend yield of 3.62%, 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 stocks dividend with other Technology Hardware and Equip. companies or other of the best Japan dividend stocks list.

Dividend yield of Canon

Canon Dividend Payout

About the ability of Canon to maintain his current dividend of JPY 129.89 per share, an amount that accounts for 3.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Canon payout on ernings is currently 42.72%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% 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 258.13 per share, which is higher than the dividend per share paid by the company of JPY 129.89, 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 Dividend History

Below you will find a table with the historical evolution of Canon'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 Canon dividend stock, and compare it with the average of Japan stocks and that of the Technology Hardware and Equip. stocks.

Canon stock dividend history

Canon Stock performance

Finally, last moth Canon showed a return of -2.30% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 7.60% 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.

Canon stock and market return