Nabtesco Corp Dividend yield

Nabtesco Corp is part of Industrial Engineering business, which is part of Industrials industry. Nabtesco Corp is a company from Japan, and his stocks are publicly traded.

Nabtesco Corp stock dividend

Nabtesco Corp paid a total dividend of 9,469 million JPY last year, for a market value of 331,080 millions (Market Cap 311,230 millions). Nabtesco Corp dividend per share is 78.91 JPY, and his stock market price 2,759.00 JPY.

According to the chart below, where dividend yield is displayed, Nabtesco Corp has a dividend yield of 2.86%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Nabtesco Corp stocks dividend with other Industrial Engineering companies or other of the highest Japan dividend stocks list.

Nabtesco Corp Dividend Payout

About the ability of Nabtesco Corp to maintain his current dividend of JPY 78.91 per share, an amount that accounts for 2.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nabtesco Corp payout on ernings is currently 88.09%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Nabtesco Corp 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 Nabtesco Corp is JPY 64.31 per share, which is lower than the dividend per share paid by the company of JPY 78.91, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nabtesco Corp, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Nabtesco Corp Dividend History

Below you will find a table with the historical evolution of Nabtesco Corp'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	2.86%	78.91	88.09%	120
2022	2.32%	78.07	14.15%	120
2021	2.26%	76.95	42.04%	120
2020	1.66%	75.03	47.97%	124
2019	2.24%	73.14	40.32%	124
2018	3.05%	73.08	33.86%	124
2017	1.57%	67.82	47.72%	124
2016	1.58%	45.95	33.02%	124
2015	1.79%	46.13	30.25%	124

*In millions

Then you can see the evolution of Nabtesco Corp dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.

Nabtesco Corp Stock performance

Finally, last moth Nabtesco Corp showed a return of -8.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -17.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.