Nagoya Railroad Dividend yield

Nagoya Railroad is part of Travel and Leisure business, which is part of Consumer Services industry. Nagoya Railroad is a company from Japan, and his stocks are publicly traded.

Nagoya Railroad stock dividend

Nagoya Railroad paid a total dividend of 3,964 million JPY last year, for a market value of 460,783 millions (Market Cap 453,763 millions). Nagoya Railroad dividend per share is 20.12 JPY, and his stock market price 2,339.00 JPY.

According to the chart below, where dividend yield is displayed, Nagoya Railroad has a dividend yield of 0.86%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Nagoya Railroad stocks dividend with other Travel and Leisure companies or other of the highest Japan dividend stocks list.

Nagoya Railroad Dividend Payout

About the ability of Nagoya Railroad to maintain his current dividend of JPY 20.12 per share, an amount that accounts for 0.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nagoya Railroad payout on ernings is currently 20.99%, which is lower than the market average and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures lead us to believe that there is confidence that Nagoya Railroadcan 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 Nagoya Railroad is JPY 311.87 per share, which is higher than the dividend per share paid by the company of JPY 20.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nagoya Railroad, compared againt world market average, Japan companies, Consumer Services industry and Travel and Leisure sector companies.

Nagoya Railroad Dividend History

Below you will find a table with the historical evolution of Nagoya Railroad'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	0.86%	20.12	20.99%	197
2022	0.57%	12.42	26.05%	197
2021	0.00%	0.00	0.00%	197
2020	0.92%	25.04	17.02%	197
2019	0.74%	25.09	16.14%	196
2018	0.86%	24.91	16.52%	190
2017	0.88%	24.97	19.63%	184
2016	1.69%	9.48	35.32%	920
2015	1.71%	8.48	43.42%	920

*In millions

Then you can see the evolution of Nagoya Railroad dividend stock, and compare it with the average of Japan stocks and that of the Travel and Leisure stocks.

Nagoya Railroad Stock performance

Finally, last moth Nagoya Railroad showed a return of 2.20% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 8.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Travel and Leisure firms.