Panasonic Corp Dividend yield

Panasonic Corp is part of Leisure Goods business, which is part of Consumer Goods industry. Panasonic Corp is a company from Japan, and his stocks are publicly traded.

Panasonic Corp stock dividend

Panasonic Corp paid a total dividend of 70,183 million JPY last year, for a market value of 3,921,120 millions (Market Cap 3,577,500 millions). Panasonic Corp dividend per share is 30.07 JPY, and his stock market price 1,680.00 JPY.

According to the chart below, where dividend yield is displayed, Panasonic Corp has a dividend yield of 1.79%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Panasonic Corp stocks dividend with other Leisure Goods companies or other of the high Japan dividend stocks list.

Panasonic Corp Dividend Payout

About the ability of Panasonic Corp to maintain his current dividend of JPY 30.07 per share, an amount that accounts for 1.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Panasonic Corp payout on ernings is currently 18.79%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Panasonic Corpcan maintain his current 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 Panasonic Corp is JPY 224.00 per share, which is higher than the dividend per share paid by the company of JPY 30.07, so the company generates enough cash to maintain his dividend in the future.

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

Panasonic Corp Dividend History

Below you will find a table with the historical evolution of Panasonic Corp'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	1.79%	30.07	18.79%	2,334
2022	2.70%	30.00	20.52%	2,334
2021	1.98%	25.05	25.15%	2,333
2020	2.10%	25.01	19.53%	2,333
2019	2.91%	29.97	19.79%	2,332
2018	3.53%	34.98	27.53%	2,332
2017	1.52%	25.08	29.94%	2,333
2016	2.15%	25.03	29.89%	2,312
2015	1.43%	19.99	20.59%	2,312

*In millions

Then you can see the evolution of Panasonic Corp dividend stock, and compare it with the average of Japan stocks and that of the Leisure Goods stocks.

Panasonic Corp Stock performance

Finally, last moth Panasonic Corp showed a return of -4.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 48.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Leisure Goods firms.