Nikon Corp Dividend yield

Nikon Corp is part of Leisure Goods business, which is part of Consumer Goods industry. Nikon Corp is a company from Japan, and his stocks are publicly traded.

Nikon Corp stock dividend

Nikon Corp paid a total dividend of 15,577 million JPY last year, for a market value of 544,604 millions (Market Cap 477,476 millions). Nikon Corp dividend per share is 45.02 JPY, and his stock market price 1,574.00 JPY.

According to the chart below, where dividend yield is displayed, Nikon Corp has a dividend yield of 2.86%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Nikon Corp stocks dividend with other Leisure Goods companies or other of the highest Japan dividend stocks list.

Nikon Corp Dividend Payout

About the ability of Nikon Corp to maintain his current dividend of JPY 45.02 per share, an amount that accounts for 2.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nikon Corp payout on ernings is currently 29.75%, 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 Nikon Corpcan 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 Nikon Corp is JPY 0.00 per share, which is lower than the dividend per share paid by the company of JPY 45.02, so the company does not generate enough cash to maintain his dividend in the future.

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

Nikon Corp Dividend History

Below you will find a table with the historical evolution of Nikon 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	2.86%	45.02	29.75%	346
2022	3.40%	39.98	29.92%	357
2021	2.42%	30.01	-37.75%	367
2020	3.07%	19.99	46.98%	367
2019	4.46%	59.94	30.77%	390
2018	2.14%	34.99	30.60%	396
2017	0.79%	17.93	48.02%	396
2016	1.31%	22.01	39.69%	400
2015	1.82%	30.07	65.53%	400

*In millions

Then you can see the evolution of Nikon Corp dividend stock, and compare it with the average of Japan stocks and that of the Leisure Goods stocks.

Nikon Corp Stock performance

Finally, last moth Nikon Corp showed a return of -16.10% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -1.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Leisure Goods firms.