Noevir Holdings Dividend yield

Noevir Holdings is part of Personal Goods business, which is part of Consumer Goods industry. Noevir Holdings is a company from Japan, and his stocks are publicly traded.

Noevir Holdings stock dividend

Noevir Holdings paid a total dividend of 7,313 million JPY last year, for a market value of 193,460 millions (Market Cap 85,514 millions). Noevir Holdings dividend per share is 215.08 JPY, and his stock market price 5,690.00 JPY.

According to the chart below, where dividend yield is displayed, Noevir Holdings has a dividend yield of 3.78%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 Noevir Holdings stocks dividend with other Personal Goods companies or other of the highest Japan dividend stocks list.

Noevir Holdings Dividend Payout

About the ability of Noevir Holdings to maintain his current dividend of JPY 215.08 per share, an amount that accounts for 3.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Noevir Holdings payout on ernings is currently 96.77%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Noevir Holdings 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 Noevir Holdings is JPY 171.39 per share, which is lower than the dividend per share paid by the company of JPY 215.08, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Noevir Holdings, compared againt world market average, Japan companies, Consumer Goods industry and Personal Goods sector companies.

Noevir Holdings Dividend History

Below you will find a table with the historical evolution of Noevir Holdings'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	3.78%	215.08	96.77%	34
2022	3.80%	220.02	99.18%	34
2021	3.90%	210.21	112.32%	34
2020	4.49%	205.19	124.82%	34
2019	3.42%	200.07	94.73%	34
2018	3.77%	180.02	78.42%	34

*In millions

Noevir Holdings Stock performance

Finally, last moth Noevir Holdings showed a return of 5.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -1.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Personal Goods firms.