Nissan Chemical Indu Dividend yield

Nissan Chemical Indu is part of Chemicals business, which is part of Basic Materials industry. Nissan Chemical Indu is a company from Japan, and his stocks are publicly traded.

Nissan Chemical Indu stock dividend

Nissan Chemical Indu paid a total dividend of 22,918 million JPY last year, for a market value of 874,720 millions (Market Cap 811,033 millions). Nissan Chemical Indu dividend per share is 163.70 JPY, and his stock market price 6,248.00 JPY.

According to the chart below, where dividend yield is displayed, Nissan Chemical Indu has a dividend yield of 2.62%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Nissan Chemical Indu stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Nissan Chemical Indu Dividend Payout

About the ability of Nissan Chemical Indu to maintain his current dividend of JPY 163.70 per share, an amount that accounts for 2.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nissan Chemical Indu payout on ernings is currently 55.81%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Nissan Chemical Indu 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 Nissan Chemical Indu is JPY 272.84 per share, which is higher than the dividend per share paid by the company of JPY 163.70, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nissan Chemical Indu, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Nissan Chemical Indu Dividend History

Below you will find a table with the historical evolution of Nissan Chemical Indu'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	2.62%	163.70	55.81%	140
2022	2.46%	142.19	51.91%	142
2021	1.62%	108.22	46.50%	144
2020	1.46%	94.32	44.53%	146
2019	1.83%	84.09	42.27%	148
2018	1.32%	76.03	41.84%	150
2017	1.33%	59.78	37.77%	152
2016	1.31%	49.85	34.06%	153
2015	1.35%	39.88	27.00%	156

*In millions

Then you can see the evolution of Nissan Chemical Indu dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Nissan Chemical Indu Stock performance

Finally, last moth Nissan Chemical Indu showed a return of -2.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -11.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.