NEC Dividend yield




   JPY/share 
 Price  6,520.00
 Dividend  80.20
 Earnings  609.35
 Cash-flow  958.82
 Book value  3,260.00
 Equity  3,258.56

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 21,895 million JPY last year, for a market value of 1,779,960 millions (Market Cap 1,708,063 millions). Dividend per share of NEC is 80.20 JPY, and his stock market price 6,520.00 JPY.

According to the chart below, where dividend yield is displayed, NEC has a dividend yield of 1.23%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare NEC dividend yield with other Technology Hardware and Equip. companies or firms from Japan.

Dividend yield of NEC

NEC Dividend Payout

About the ability of NEC to maintain his current dividend of JPY 80.20 per share, an amount that accounts for 1.23%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NEC payout on ernings is currently 13.16%, which is lower than the market average and companies of Technology industry, which are 38.17% and 35.02% 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 958.82 per share, which is higher than the dividend per share paid by the company of JPY 80.20, 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 payout

NEC Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.23%80.2013.16%273
20201.44%79.7813.10%273
20191.55%70.0619.38%260
20181.84%60.0816.19%260
20171.97%59.8920.09%260
20163.36%10.0132.25%2,605
20151.94%7.9928.12%2,605

*In millions

NEC Stock performance

Finally, last moth NEC showed a return of 12.40% compared to a worldwide 4.24% average, and a 3.70% of Technology firms. Over the last year, the company obtained a 65.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Technology Hardware and Equip. firms.

NEC stock and market return