Nippon Shinyaku Dividend yield

Nippon Shinyaku is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. Nippon Shinyaku is a company from Japan, and his stocks are publicly traded.

Nippon Shinyaku stock dividend

Nippon Shinyaku paid a total dividend of 7,631 million JPY last year, for a market value of 428,733 millions (Market Cap 327,553 millions). Nippon Shinyaku dividend per share is 113.90 JPY, and his stock market price 6,399.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Shinyaku has a dividend yield of 1.78%, which is lower than the amount offered by the market average , but bigger than Health Care 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 Nippon Shinyaku stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the highest Japan dividend stocks list.

Nippon Shinyaku Dividend Payout

About the ability of Nippon Shinyaku to maintain his current dividend of JPY 113.90 per share, an amount that accounts for 1.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nippon Shinyaku payout on ernings is currently 31.68%, which is lower than the market average, but higher than companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Nippon Shinyaku is in a good position to keep maintaining his 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 Shinyaku is JPY 387.82 per share, which is higher than the dividend per share paid by the company of JPY 113.90, 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 Shinyaku, compared againt world market average, Japan companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.

Nippon Shinyaku Dividend History

Below you will find a table with the historical evolution of Nippon Shinyaku'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	1.78%	113.90	31.68%	67
2022	1.55%	115.94	29.92%	67
2021	1.26%	100.93	32.89%	67
2020	1.36%	92.07	36.72%	67
2019	0.89%	84.28	34.80%	67
2018	0.79%	55.22	28.68%	67
2017	0.67%	56.35	32.30%	67
2016	0.60%	31.92	33.90%	67
2015	0.53%	26.92	22.04%	67

*In millions

Then you can see the evolution of Nippon Shinyaku dividend stock, and compare it with the average of Japan stocks and that of the Pharmaceuticals and Biotechnology stocks.

Nippon Shinyaku Stock performance

Finally, last moth Nippon Shinyaku showed a return of 11.20% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -16.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Pharmaceuticals and Biotechnology firms.