Nitto Denko Corp 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 per share 
 Price  6,440.00
 Dividend  200.28
 Earnings  328.57
 Cash-flow  805.00
 Book value  4,600.00
 Equity  4,500.96

Nitto Denko Corp is part of Chemicals business, which is part of Basic Materials industry. Nitto Denko Corp is a company from Japan, and his stocks are publicly traded.

Nitto Denko Corp paid a total dividend of 30,843 million JPY last year, for a market value of 991,760 millions (Market Cap 980,217 millions). Dividend per share of Nitto Denko Corp is 200.28 JPY, and his stock market price 6,440.00 JPY.

According to the chart below, where dividend yield is displayed, Nitto Denko Corp has a dividend yield of 3.11%, 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 Nitto Denko Corp dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Nitto Denko Corp

Nitto Denko Corp Dividend Payout

About the ability of Nitto Denko Corp to maintain his current dividend of JPY 200.28 per share, an amount that accounts for 3.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nitto Denko Corp payout on ernings is currently 60.96%, which is higher than the market average, and companies of Basic Materials industry, which are 37.66% and 45.45% respectively. Both figures show that Nitto Denko Corp 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 Nitto Denko Corp is JPY 805.00 per share, which is higher than the dividend per share paid by the company of JPY 200.28, so the company generates enough cash to maintain his dividend in the future.

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

Nitto Denko Corp payout

Nitto Denko Corp Stock performance

Finally, last moth Nitto Denko Corp showed a return of 8.20% compared to a worldwide 4.36% average, and a 6.04% of Basic Materials firms. Over the last year, the company obtained a 30.20% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Nitto Denko Corp stock and market return

Next companies

NK Russneft PAO. Russia. Oil and Gas.

NMDC. India. Basic Materials.

NN Group. Netherlands. Financials.

Noble Energy. USA. Oil and Gas.

Noevir Holdings. Japan. Consumer Goods.

Nof Corp. Japan. Basic Materials.

Previous companies

Nitori Holdings. Japan. Consumer Services.

NISSIN FOODS HOLDING. Japan. Consumer Goods.

Nisshinbo Holdings. Japan. Consumer Goods.

Nisshin Seifun Group. Japan. Consumer Goods.

Nissan Shatai. Japan. Consumer Goods.

Nissan Motor. Japan. Consumer Goods.



All rights reserved

 information advertisement legal

Part of Enciclopedia Financiera Group

Disclaimer: Information on this site is only for informational purposes. Always consult a professional advisor before investing.