Nifco Dividend yield

Nifco is part of Automobiles and Parts business, which is part of Consumer Goods industry. Nifco is a company from Japan, and his stocks are publicly traded.

Nifco stock dividend

Nifco paid a total dividend of 6,407 million JPY last year, for a market value of 430,000 millions (Market Cap 352,351 millions). Nifco dividend per share is 64.07 JPY, and his stock market price 4,300.00 JPY.

According to the chart below, where dividend yield is displayed, Nifco has a dividend yield of 1.49%, 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 Nifco stocks dividend with other Automobiles and Parts companies or other of the highest Japan dividend stocks list.

Nifco Dividend Payout

About the ability of Nifco to maintain his current dividend of JPY 64.07 per share, an amount that accounts for 1.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nifco payout on ernings is currently 30.25%, 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 Nifcocan 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 Nifco is JPY 373.91 per share, which is higher than the dividend per share paid by the company of JPY 64.07, so the company generates enough cash to maintain his dividend in the future.

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

Nifco Dividend History

Below you will find a table with the historical evolution of Nifco'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	1.49%	64.07	30.25%	100
2022	2.00%	62.00	27.00%	100
2021	1.63%	58.84	32.43%	102
2020	1.38%	55.82	31.05%	102
2019	2.07%	62.10	30.84%	103
2018	2.42%	62.92	30.98%	104
2017	1.65%	126.89	31.68%	51
2016	1.75%	109.90	30.45%	51
2015	1.72%	90.13	34.06%	51

*In millions

Then you can see the evolution of Nifco dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

Nifco Stock performance

Finally, last moth Nifco showed a return of 1.70% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 36.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.