Nagase & Co Dividend yield




   JPY/share 
 Price  1,506.00
 Dividend  43.98
 Earnings  122.44
 Cash-flow  268.93
 Book value  2,510.00
 Equity  2,498.78

Nagase & Co is part of Chemicals business, which is part of Basic Materials industry. Nagase & Co is a company from Japan, and his stocks are publicly traded.

Nagase & Co paid a total dividend of 5,454 million JPY last year, for a market value of 186,744 millions (Market Cap 162,894 millions). Dividend per share of Nagase & Co is 43.98 JPY, and his stock market price 1,506.00 JPY.

According to the chart below, where dividend yield is displayed, Nagase & Co has a dividend yield of 2.92%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Nagase & Co dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Nagase & Co

Nagase & Co Dividend Payout

About the ability of Nagase & Co to maintain his current dividend of JPY 43.98 per share, an amount that accounts for 2.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nagase & Co payout on ernings is currently 35.92%, which is lower than the market average and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures lead us to believe that there is confidence that Nagase & 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 Nagase & Co is JPY 268.93 per share, which is higher than the dividend per share paid by the company of JPY 43.98, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nagase & Co, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Nagase & Co payout

Nagase & Co Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.92%43.9835.92%124
20192.82%45.9728.20%124
20182.38%36.0626.18%125
20171.67%33.9341.41%126
20162.23%31.9833.01%127
20151.98%30.9930.50%127

*In millions

Nagase & Co Stock performance

Finally, last moth Nagase & Co showed a return of 4.90% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a -7.60% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Nagase & Co stock and market return