Nippon Elec. Glass Dividend yield

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

Nippon Elec. Glass stock dividend

Nippon Elec. Glass paid a total dividend of 11,167 million JPY last year, for a market value of 239,103 millions (Market Cap 198,284 millions). Nippon Elec. Glass dividend per share is 120.07 JPY, and his stock market price 2,571.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Elec. Glass has a dividend yield of 4.67%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Nippon Elec. Glass stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Japan dividend stocks list.

Nippon Elec. Glass Dividend Payout

About the ability of Nippon Elec. Glass to maintain his current dividend of JPY 120.07 per share, an amount that accounts for 4.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nippon Elec. Glass payout on ernings is currently 39.70%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Nippon Elec. Glass 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 Nippon Elec. Glass is JPY 338.29 per share, which is higher than the dividend per share paid by the company of JPY 120.07, so the company generates enough cash to maintain his dividend in the future.

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

Nippon Elec. Glass Dividend History

Below you will find a table with the historical evolution of Nippon Elec. Glass'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	4.67%	120.07	39.70%	93
2022	5.12%	120.01	39.94%	93
2021	3.73%	110.00	67.89%	94
2020	4.43%	99.94	-28.79%	97
2019	4.51%	110.09	69.91%	97
2018	3.71%	99.91	35.62%	97
2017	1.35%	58.05	116.24%	100
2016	2.62%	15.98	82.50%	498
2015	1.76%	12.02	13.20%	498

*In millions

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

Nippon Elec. Glass Stock performance

Finally, last moth Nippon Elec. Glass showed a return of -0.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -2.30% 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.