NHK Spring Co Dividend yield

NHK Spring Co is part of Automobiles and Parts business, which is part of Consumer Goods industry. NHK Spring Co is a company from Japan, and his stocks are publicly traded.

NHK Spring Co stock dividend

NHK Spring Co paid a total dividend of 7,266 million JPY last year, for a market value of 256,737 millions (Market Cap 174,210 millions). NHK Spring Co dividend per share is 32.01 JPY, and his stock market price 1,131.00 JPY.

According to the chart below, where dividend yield is displayed, NHK Spring Co has a dividend yield of 2.83%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare NHK Spring Co stocks dividend with other Automobiles and Parts companies or other of the highest Japan dividend stocks list.

NHK Spring Co Dividend Payout

About the ability of NHK Spring Co to maintain his current dividend of JPY 32.01 per share, an amount that accounts for 2.83%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NHK Spring Co payout on ernings is currently 33.68%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that NHK Spring Cocan 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 NHK Spring Co is JPY 60.16 per share, which is higher than the dividend per share paid by the company of JPY 32.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NHK Spring Co, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

NHK Spring Co Dividend History

Below you will find a table with the historical evolution of NHK Spring Co'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	2.83%	32.01	33.68%	227
2022	3.55%	30.03	21.30%	228
2021	2.45%	23.96	58.06%	228
2020	1.41%	9.98	50.89%	235
2019	2.41%	23.98	80.01%	237
2018	2.49%	24.03	27.89%	237
2017	1.85%	22.94	21.65%	237
2016	2.05%	21.98	24.81%	244
2015	1.66%	21.00	11.95%	244

*In millions

Then you can see the evolution of NHK Spring Co dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

NHK Spring Co Stock performance

Finally, last moth NHK Spring Co showed a return of -0.50% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 19.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.