NOK Dividend yield

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

NOK stock dividend

NOK paid a total dividend of 12,834 million JPY last year, for a market value of 349,695 millions (Market Cap 228,252 millions). NOK dividend per share is 75.05 JPY, and his stock market price 2,045.00 JPY.

According to the chart below, where dividend yield is displayed, NOK has a dividend yield of 3.67%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 NOK stocks dividend with other Automobiles and Parts companies or other of the highest Japan dividend stocks list.

NOK Dividend Payout

About the ability of NOK to maintain his current dividend of JPY 75.05 per share, an amount that accounts for 3.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NOK payout on ernings is currently 96.51%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that NOK 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 NOK is JPY 269.08 per share, which is higher than the dividend per share paid by the company of JPY 75.05, so the company generates enough cash to maintain his dividend in the future.

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

NOK Dividend History

Below you will find a table with the historical evolution of NOK'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	3.67%	75.05	96.51%	171
2022	4.26%	50.01	33.65%	173
2021	3.00%	37.56	0.00%	173
2020	2.25%	24.95	-194.62%	173
2019	3.05%	50.05	253.16%	173
2018	3.26%	50.07	24.45%	173
2017	1.90%	49.99	31.54%	173
2016	2.20%	50.05	28.82%	173
2015	1.81%	60.09	22.08%	173

*In millions

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

NOK Stock performance

Finally, last moth NOK showed a return of -4.40% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 64.50% 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.