03-31-2022
| JPY/share | |
| Price | 5,150.00 |
| Dividend | 99.91 |
| Earnings | 804.69 |
| Cash-flow | 1,030.00 |
| Book value | 4,681.82 |
| Equity | 4,105.56 |
NEC is part of Technology Hardware and Equip. business, which is part of Technology industry. NEC is a company from Japan, and his stocks are publicly traded.
NEC paid a total dividend of 27,275 million JPY last year, for a market value of 1,405,950 millions (Market Cap 1,349,184 millions). Dividend per share of NEC is 99.91 JPY, and his stock market price 5,150.00 JPY.
According to the chart below, where dividend yield is displayed, NEC has a dividend yield of 1.94%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.
In addition, you should compare NEC dividend yield with other Technology Hardware and Equip. companies or firms from Japan.
NEC Dividend Payout
About the ability of NEC to maintain his current dividend of JPY 99.91 per share, an amount that accounts for 1.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NEC payout on ernings is currently 12.42%, which is lower than the market average and companies of Technology industry, which are 38.25% and 35.85% respectively. Both figures lead us to believe that there is confidence that NECcan 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 NEC is JPY 1,030.00 per share, which is higher than the dividend per share paid by the company of JPY 99.91, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of NEC, compared againt world market average, Japan companies, Technology industry and Technology Hardware and Equip. sector companies.
NEC Dividend History
| Year | Yield | JPY | Paypout | Shares* |
| Present | 1.94% | 99.91 | 12.42% | 273 |
| 2021 | 1.88% | 99.83 | 12.41% | 273 |
| 2020 | 1.44% | 79.78 | 13.10% | 273 |
| 2019 | 1.55% | 70.06 | 19.38% | 260 |
| 2018 | 1.84% | 60.08 | 16.19% | 260 |
| 2017 | 1.97% | 59.89 | 20.09% | 260 |
| 2016 | 3.36% | 10.01 | 32.25% | 2,605 |
| 2015 | 1.94% | 7.99 | 28.12% | 2,605 |
*In millions
NEC Stock performance
Finally, last moth NEC showed a return of 3.90% compared to a worldwide 1.12% average, and a 0.98% of Technology firms. Over the last year, the company obtained a -21.00% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Technology Hardware and Equip. firms.
