NEC Dividend yield




   JPY/share 
 Price  7,686.00
 Dividend  109.91
 Earnings  760.99
 Cash-flow  569.33
 Book value  5,912.31
 Equity  5,899.15

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

NEC stock dividend

NEC paid a total dividend of 29,236 million JPY last year, for a market value of 2,044,476 millions (Market Cap 1,968,144 millions). NEC dividend per share is 109.91 JPY, and his stock market price 7,686.00 JPY.

According to the chart below, where dividend yield is displayed, NEC has a dividend yield of 1.43%, 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 NEC stocks dividend with other Technology Hardware and Equip. companies or other of the highest Japan dividend stocks list.

Dividend yield of NEC

NEC Dividend Payout

About the ability of NEC to maintain his current dividend of JPY 109.91 per share, an amount that accounts for 1.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NEC payout on ernings is currently 14.44%, 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 NECcan 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 NEC is JPY 569.33 per share, which is higher than the dividend per share paid by the company of JPY 109.91, so the company generates enough cash to maintain his dividend in the future.

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

NEC payout

NEC Dividend History

Below you will find a table with the historical evolution of NEC'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* 
Present1.43%109.9114.44%266
20222.27%105.2112.71%273
20211.88%99.8312.41%273
20201.44%79.7813.10%273
20191.55%70.0619.38%260
20181.84%60.0816.19%260
20171.97%59.8920.09%260
20163.36%10.0132.25%2,605
20151.94%7.9928.12%2,605

*In millions

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

NEC stock dividend history

NEC Stock performance

Finally, last moth NEC showed a return of 7.00% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 50.70% 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.

NEC stock and market return