NGK Insulators Dividend yield




   JPY/share 
 Price  1,737.00
 Dividend  66.01
 Earnings  228.55
 Cash-flow  304.74
 Book value  1,930.00
 Equity  1,771.71

NGK Insulators is part of Electronic and Electrical Equipment business, which is part of Industrials industry. NGK Insulators is a company from Japan, and his stocks are publicly traded.

NGK Insulators paid a total dividend of 20,595 million JPY last year, for a market value of 541,944 millions (Market Cap 444,424 millions). Dividend per share of NGK Insulators is 66.01 JPY, and his stock market price 1,737.00 JPY.

According to the chart below, where dividend yield is displayed, NGK Insulators has a dividend yield of 3.80%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare NGK Insulators dividend yield with other Electronic and Electrical Equipment companies or firms from Japan.

Dividend yield of NGK Insulators

NGK Insulators Dividend Payout

About the ability of NGK Insulators to maintain his current dividend of JPY 66.01 per share, an amount that accounts for 3.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NGK Insulators payout on ernings is currently 28.88%, which is lower than the market average and companies of Industrials industry, which are 41.59% and 36.92% respectively. Both figures lead us to believe that there is confidence that NGK Insulatorscan 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 NGK Insulators is JPY 304.74 per share, which is higher than the dividend per share paid by the company of JPY 66.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NGK Insulators, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

NGK Insulators payout

NGK Insulators Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.80%66.0128.88%312
20212.57%49.9640.35%312
20202.20%35.0240.92%317
20192.63%50.0845.50%322
20183.22%48.0133.81%322
20171.93%41.0736.28%322
20161.83%40.0024.15%322
20151.16%33.1226.10%327

*In millions

NGK Insulators Stock performance

Finally, last moth NGK Insulators showed a return of -3.50% compared to a worldwide 3.75% average, and a 5.35% of Industrials firms. Over the last year, the company obtained a -8.20% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.

NGK Insulators stock and market return