Nippon Elec. Glass Dividend yield




A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   JPY/share 
 Price  2,256.00
 Dividend  99.94
 Earnings  -347.08
 Cash-flow  223.37
 Book value  4,512.00
 Equity  5,104.12

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 paid a total dividend of 9,694 million JPY last year, for a market value of 218,832 millions (Market Cap 180,720 millions). Dividend per share of Nippon Elec. Glass is 99.94 JPY, and his stock market price 2,256.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Elec. Glass has a dividend yield of 4.43%, 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 dividend yield with other Electronic and Electrical Equipment companies or firms from Japan.

Dividend yield of Nippon Elec. Glass

Nippon Elec. Glass Dividend Payout

About the ability of Nippon Elec. Glass to maintain his current dividend of JPY 99.94 per share, an amount that accounts for 4.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nippon Elec. Glass payout on ernings is currently -28.79%, which is lower than the market average and companies of Industrials industry, which are 38.46% and 31.52% respectively. Both figures lead us to believe that there is confidence that Nippon Elec. Glasscan 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 Nippon Elec. Glass is JPY 223.37 per share, which is higher than the dividend per share paid by the company of JPY 99.94, 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 payout

Nippon Elec. Glass Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.43%99.94-28.79%97
20194.51%110.0969.91%97
20183.71%99.9135.62%97
20171.35%58.05116.24%100
20162.62%15.9882.50%498
20151.76%12.0213.20%498

*In millions

Nippon Elec. Glass Stock performance

Finally, last moth Nippon Elec. Glass showed a return of -1.10% compared to a worldwide 3.99% average, and a 4.22% of Industrials firms. Over the last year, the company obtained a -7.60% versus a worldwide performance of a 6.44%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.

Nippon Elec. Glass stock and market return

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