Shimano Dividend yield

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

Shimano stock dividend

Shimano paid a total dividend of 25,616 million JPY last year, for a market value of 1,926,000 millions (Market Cap 1,627,765 millions). Shimano dividend per share is 284.62 JPY, and his stock market price 21,400.00 JPY.

According to the chart below, where dividend yield is displayed, Shimano has a dividend yield of 1.33%, 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 Shimano stocks dividend with other Leisure Goods companies or other of the high Japan dividend stocks list.

Shimano Dividend Payout

About the ability of Shimano to maintain his current dividend of JPY 284.62 per share, an amount that accounts for 1.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shimano payout on ernings is currently 20.08%, 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 Shimanocan 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 Shimano is JPY 1,222.86 per share, which is higher than the dividend per share paid by the company of JPY 284.62, so the company generates enough cash to maintain his dividend in the future.

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

Shimano Dividend History

Below you will find a table with the historical evolution of Shimano'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	1.33%	284.62	20.08%	90
2022	1.12%	234.30	18.37%	91
2021	0.77%	236.08	34.50%	93
2020	0.64%	154.14	27.58%	93
2019	0.87%	154.60	26.54%	93
2018	1.00%	155.20	37.40%	93
2017	0.53%	84.01	15.26%	93
2016	0.82%	154.08	18.78%	93
2015	0.32%	58.46	10.59%	93

*In millions

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

Shimano Stock performance

Finally, last moth Shimano showed a return of -0.70% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -13.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Leisure Goods firms.