NTT Dividend yield

NTT is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. NTT is a company from Japan, and his stocks are publicly traded.

NTT stock dividend

NTT paid a total dividend of 408,300 million JPY last year, for a market value of 14,320,320 millions (Market Cap 4,781,893 millions). NTT dividend per share is 4.79 JPY, and his stock market price 168.00 JPY.

According to the chart below, where dividend yield is displayed, NTT has a dividend yield of 2.85%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Telecommunications industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare NTT stocks dividend with other Fixed Line Telecommunications companies or other of the highest Japan dividend stocks list.

NTT Dividend Payout

About the ability of NTT to maintain his current dividend of JPY 4.79 per share, an amount that accounts for 2.85%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NTT payout on ernings is currently 24.53%, which is lower than the market average and companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures lead us to believe that there is confidence that NTTcan 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 NTT is JPY 26.67 per share, which is higher than the dividend per share paid by the company of JPY 4.79, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NTT, compared againt world market average, Japan companies, Telecommunications industry and Fixed Line Telecommunications sector companies.

NTT Dividend History

Below you will find a table with the historical evolution of NTT'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	2.85%	4.79	24.53%	85,240
2022	3.19%	120.01	25.52%	3,449
2021	3.49%	109.94	29.32%	3,577
2020	3.69%	97.64	28.41%	3,716
2019	3.45%	95.12	26.91%	3,635
2018	3.57%	160.01	23.56%	1,938
2017	2.55%	135.18	21.42%	2,007
2016	2.59%	119.79	32.63%	2,037
2015	2.08%	94.95	38.48%	2,117

*In millions

Then you can see the evolution of NTT dividend stock, and compare it with the average of Japan stocks and that of the Fixed Line Telecommunications stocks.

NTT Stock performance

Finally, last moth NTT showed a return of 3.30% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a 11.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Fixed Line Telecommunications firms.