Shimadzu Corp Dividend yield

Shimadzu Corp is part of Industrial Engineering business, which is part of Industrials industry. Shimadzu Corp is a company from Japan, and his stocks are publicly traded.

Shimadzu Corp stock dividend

Shimadzu Corp paid a total dividend of 15,930 million JPY last year, for a market value of 1,264,370 millions (Market Cap 1,149,294 millions). Shimadzu Corp dividend per share is 54.00 JPY, and his stock market price 4,286.00 JPY.

According to the chart below, where dividend yield is displayed, Shimadzu Corp has a dividend yield of 1.26%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Shimadzu Corp stocks dividend with other Industrial Engineering companies or other of the high Japan dividend stocks list.

Shimadzu Corp Dividend Payout

About the ability of Shimadzu Corp to maintain his current dividend of JPY 54.00 per share, an amount that accounts for 1.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shimadzu Corp payout on ernings is currently 30.62%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Shimadzu 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 Shimadzu Corp is JPY 164.21 per share, which is higher than the dividend per share paid by the company of JPY 54.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shimadzu Corp, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Shimadzu Corp Dividend History

Below you will find a table with the historical evolution of Shimadzu 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	1.26%	54.00	30.62%	295
2022	1.34%	50.18	31.22%	295
2021	0.80%	38.84	31.68%	295
2020	0.75%	30.08	27.90%	295
2019	0.87%	29.93	27.14%	295
2018	1.20%	26.09	25.80%	295
2017	0.82%	21.01	23.37%	295
2016	1.09%	19.00	23.55%	296
2015	0.70%	13.94	22.39%	296

*In millions

Then you can see the evolution of Shimadzu Corp dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.

Shimadzu Corp Stock performance

Finally, last moth Shimadzu Corp showed a return of -0.60% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 4.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.