08-31-2023
| JPY/share | |
| Price | 12,145.00 |
| Dividend | 75.30 |
| Earnings | 867.50 |
| Cash-flow | 255.15 |
| Book value | 5,783.33 |
| Equity | 5,822.15 |
Sony Corp is part of Leisure Goods business, which is part of Consumer Goods industry. Sony Corp is a company from Japan, and his stocks are publicly traded.
Sony Corp stock dividend
Sony Corp paid a total dividend of 92,920 million JPY last year, for a market value of 14,986,930 millions (Market Cap 14,968,492 millions). Sony Corp dividend per share is 75.30 JPY, and his stock market price 12,145.00 JPY.
According to the chart below, where dividend yield is displayed, Sony Corp has a dividend yield of 0.62%, 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 Sony Corp stocks dividend with other Leisure Goods companies or other of the high Japan dividend stocks list.
Sony Corp Dividend Payout
About the ability of Sony Corp to maintain his current dividend of JPY 75.30 per share, an amount that accounts for 0.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sony Corp payout on ernings is currently 8.68%, 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 Sony 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 Sony Corp is JPY 255.15 per share, which is higher than the dividend per share paid by the company of JPY 75.30, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Sony Corp, compared againt world market average, Japan companies, Consumer Goods industry and Leisure Goods sector companies.
Sony Corp Dividend History
Below you will find a table with the historical evolution of Sony 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 | 0.62% | 75.30 | 8.68% | 1,234 |
| 2022 | 0.70% | 70.25 | 8.75% | 1,235 |
| 2021 | 0.41% | 59.35 | 5.70% | 1,239 |
| 2020 | 0.49% | 50.40 | 8.97% | 1,234 |
| 2019 | 0.54% | 39.97 | 4.81% | 1,228 |
| 2018 | 0.56% | 29.83 | 6.16% | 1,265 |
| 2017 | 0.44% | 22.37 | 14.48% | 1,263 |
| 2016 | 0.61% | 20.06 | 9.21% | 1,256 |
| 2015 | 0.31% | 9.85 | -9.83% | 1,256 |
*In millions
Then you can see the evolution of Sony Corp dividend stock, and compare it with the average of Japan stocks and that of the Leisure Goods stocks.
Sony Corp Stock performance
Finally, last moth Sony Corp showed a return of -8.80% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 9.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Leisure Goods firms.
