Nipro Dividend yield

Nipro is part of Health Care Equip. and Services business, which is part of Health Care industry. Nipro is a company from Japan, and his stocks are publicly traded.

Nipro stock dividend

Nipro paid a total dividend of 3,584 million JPY last year, for a market value of 196,904 millions (Market Cap 139,885 millions). Nipro dividend per share is 21.99 JPY, and his stock market price 1,208.00 JPY.

According to the chart below, where dividend yield is displayed, Nipro has a dividend yield of 1.82%, 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 Nipro stocks dividend with other Health Care Equip. and Services companies or other of the highest Japan dividend stocks list.

Nipro Dividend Payout

About the ability of Nipro to maintain his current dividend of JPY 21.99 per share, an amount that accounts for 1.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nipro payout on ernings is currently 78.45%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Nipro 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 Nipro is JPY 63.92 per share, which is higher than the dividend per share paid by the company of JPY 21.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nipro, compared againt world market average, Japan companies, Health Care industry and Health Care Equip. and Services sector companies.

Nipro Dividend History

Below you will find a table with the historical evolution of Nipro'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	1.82%	21.99	78.45%	163
2022	2.51%	25.95	31.37%	163
2021	2.94%	32.02	36.75%	163
2020	0.86%	10.44	-13.85%	163
2019	1.71%	22.49	30.27%	163
2018	2.23%	29.99	41.47%	163
2017	2.33%	38.96	57.09%	166
2016	1.91%	24.03	17.38%	170
2015	2.33%	31.48	29.13%	170

*In millions

Then you can see the evolution of Nipro dividend stock, and compare it with the average of Japan stocks and that of the Health Care Equip. and Services stocks.

Nipro Stock performance

Finally, last moth Nipro showed a return of 17.00% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 6.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Health Care Equip. and Services firms.