NHK Spring Co Dividend yield




   JPY/share 
 Price  846.00
 Dividend  30.03
 Earnings  141.00
 Cash-flow  151.07
 Book value  1,410.00
 Equity  1,342.86

NHK Spring Co is part of Automobiles and Parts business, which is part of Consumer Goods industry. NHK Spring Co is a company from Japan, and his stocks are publicly traded.

NHK Spring Co paid a total dividend of 6,847 million JPY last year, for a market value of 192,888 millions (Market Cap 131,174 millions). Dividend per share of NHK Spring Co is 30.03 JPY, and his stock market price 846.00 JPY.

According to the chart below, where dividend yield is displayed, NHK Spring Co has a dividend yield of 3.55%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods 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 NHK Spring Co dividend yield with other Automobiles and Parts companies or firms from Japan.

Dividend yield of NHK Spring Co

NHK Spring Co Dividend Payout

About the ability of NHK Spring Co to maintain his current dividend of JPY 30.03 per share, an amount that accounts for 3.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NHK Spring Co payout on ernings is currently 21.30%, which is lower than the market average and companies of Consumer Goods industry, which are 41.22% and 43.77% respectively. Both figures lead us to believe that there is confidence that NHK Spring Cocan 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 NHK Spring Co is JPY 151.07 per share, which is higher than the dividend per share paid by the company of JPY 30.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NHK Spring Co, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

NHK Spring Co payout

NHK Spring Co Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.55%30.0321.30%228
20212.45%23.9658.06%228
20201.41%9.9850.89%235
20192.41%23.9880.01%237
20182.49%24.0327.89%237
20171.85%22.9421.65%237
20162.05%21.9824.81%244
20151.66%21.0011.95%244

*In millions

NHK Spring Co Stock performance

Finally, last moth NHK Spring Co showed a return of -7.50% compared to a worldwide -2.30% average, and a -1.61% of Consumer Goods firms. Over the last year, the company obtained a -13.50% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

NHK Spring Co stock and market return