Nidec Corp Dividend yield

Nidec Corp is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Nidec Corp is a company from Japan, and his stocks are publicly traded.

Nidec Corp stock dividend

Nidec Corp paid a total dividend of 40,371 million JPY last year, for a market value of 4,388,400 millions (Market Cap 3,942,289 millions). Nidec Corp dividend per share is 70.21 JPY, and his stock market price 7,632.00 JPY.

According to the chart below, where dividend yield is displayed, Nidec Corp has a dividend yield of 0.92%, 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 Nidec Corp stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Japan dividend stocks list.

Nidec Corp Dividend Payout

About the ability of Nidec Corp to maintain his current dividend of JPY 70.21 per share, an amount that accounts for 0.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nidec Corp payout on ernings is currently 65.41%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Nidec 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 Nidec Corp is JPY 249.41 per share, which is higher than the dividend per share paid by the company of JPY 70.21, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nidec Corp, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Nidec Corp Dividend History

Below you will find a table with the historical evolution of Nidec 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	0.92%	70.21	65.41%	575
2022	1.02%	69.76	26.72%	580
2021	0.44%	59.49	25.83%	586
2020	0.69%	89.56	0.00%	586
2019	0.73%	109.54	26.65%	294
2018	0.80%	99.80	20.72%	296
2017	0.57%	90.12	22.12%	296
2016	0.78%	79.87	25.74%	296
2015	0.84%	79.95	31.00%	296

*In millions

Then you can see the evolution of Nidec Corp dividend stock, and compare it with the average of Japan stocks and that of the Electronic and Electrical Equipment stocks.

Nidec Corp Stock performance

Finally, last moth Nidec Corp showed a return of -9.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -18.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.