NEC Networks & Syste Dividend yield

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

NEC Networks & Syste stock dividend

NEC Networks & Syste paid a total dividend of 6,861 million JPY last year, for a market value of 289,507 millions (Market Cap 130,239 millions). NEC Networks & Syste dividend per share is 46.05 JPY, and his stock market price 1,943.00 JPY.

According to the chart below, where dividend yield is displayed, NEC Networks & Syste has a dividend yield of 2.37%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare NEC Networks & Syste stocks dividend with other Technology Hardware and Equip. companies or other of the highest Japan dividend stocks list.

NEC Networks & Syste Dividend Payout

About the ability of NEC Networks & Syste to maintain his current dividend of JPY 46.05 per share, an amount that accounts for 2.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NEC Networks & Syste payout on ernings is currently 49.77%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that NEC Networks & Syste 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 NEC Networks & Syste is JPY 0.00 per share, which is lower than the dividend per share paid by the company of JPY 46.05, 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 NEC Networks & Syste, compared againt world market average, Japan companies, Technology industry and Technology Hardware and Equip. sector companies.

NEC Networks & Syste Dividend History

Below you will find a table with the historical evolution of NEC Networks & Syste'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	2.37%	46.05	49.77%	149
2022	2.85%	47.08	46.74%	149

*In millions

NEC Networks & Syste Stock performance

Finally, last moth NEC Networks & Syste showed a return of 3.70% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 11.40% 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.