NGK Insulators Dividend yield

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

NGK Insulators stock dividend

NGK Insulators paid a total dividend of 20,181 million JPY last year, for a market value of 591,804 millions (Market Cap 486,324 millions). NGK Insulators dividend per share is 65.95 JPY, and his stock market price 1,934.00 JPY.

According to the chart below, where dividend yield is displayed, NGK Insulators has a dividend yield of 3.41%, 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 NGK Insulators stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Japan dividend stocks list.

NGK Insulators Dividend Payout

About the ability of NGK Insulators to maintain his current dividend of JPY 65.95 per share, an amount that accounts for 3.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NGK Insulators payout on ernings is currently 36.83%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that NGK Insulatorscan 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 NGK Insulators is JPY 322.33 per share, which is higher than the dividend per share paid by the company of JPY 65.95, so the company generates enough cash to maintain his dividend in the future.

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

NGK Insulators Dividend History

Below you will find a table with the historical evolution of NGK Insulators'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	3.41%	65.95	36.83%	306
2022	3.93%	65.95	29.08%	312
2021	2.57%	49.96	40.35%	312
2020	2.20%	35.02	40.92%	317
2019	2.63%	50.08	45.50%	322
2018	3.22%	48.01	33.81%	322
2017	1.93%	41.07	36.28%	322
2016	1.83%	40.00	24.15%	322
2015	1.16%	33.12	26.10%	327

*In millions

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

NGK Insulators Stock performance

Finally, last moth NGK Insulators showed a return of 11.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -3.30% 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.