Nichirei Dividend yield




   JPY/share 
 Price  3,446.00
 Dividend  52.03
 Earnings  168.92
 Cash-flow  297.07
 Book value  1,723.00
 Equity  1,706.26

Nichirei is part of Food Producers business, which is part of Consumer Goods industry. Nichirei is a company from Japan, and his stocks are publicly traded.

Nichirei stock dividend

Nichirei paid a total dividend of 6,660 million JPY last year, for a market value of 441,088 millions (Market Cap 352,021 millions). Nichirei dividend per share is 52.03 JPY, and his stock market price 3,446.00 JPY.

According to the chart below, where dividend yield is displayed, Nichirei has a dividend yield of 1.51%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Nichirei stocks dividend with other Food Producers companies or other of the highest Japan dividend stocks list.

Dividend yield of Nichirei

Nichirei Dividend Payout

About the ability of Nichirei to maintain his current dividend of JPY 52.03 per share, an amount that accounts for 1.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nichirei payout on ernings is currently 30.80%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Nichireican 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 Nichirei is JPY 297.07 per share, which is higher than the dividend per share paid by the company of JPY 52.03, so the company generates enough cash to maintain his dividend in the future.

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

Nichirei payout

Nichirei Dividend History

Below you will find a table with the historical evolution of Nichirei'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* 
Present1.51%52.0330.80%128
20221.77%50.9228.14%130
20211.76%46.8729.39%133
20201.48%42.9129.16%133
20191.45%36.9824.65%133
20181.02%30.8621.53%133
20171.00%31.1522.10%133
20160.95%21.9923.37%143
20151.24%9.9929.37%286

*In millions

Then you can see the evolution of Nichirei dividend stock, and compare it with the average of Japan stocks and that of the Food Producers stocks.

Nichirei stock dividend history

Nichirei Stock performance

Finally, last moth Nichirei showed a return of 6.10% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 38.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Food Producers firms.

Nichirei stock and market return