Panasonic Corp Dividend yield




   JPY/share 
 Price  1,424.00
 Dividend  19.94
 Earnings  128.29
 Cash-flow  184.94
 Book value  837.65
 Equity  838.50

Panasonic Corp is part of Leisure Goods business, which is part of Consumer Goods industry. Panasonic Corp is a company from Japan, and his stocks are publicly traded.

Panasonic Corp paid a total dividend of 46,520 million JPY last year, for a market value of 3,322,192 millions (Market Cap 3,030,586 millions). Dividend per share of Panasonic Corp is 19.94 JPY, and his stock market price 1,424.00 JPY.

According to the chart below, where dividend yield is displayed, Panasonic Corp has a dividend yield of 1.40%, 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 Panasonic Corp dividend yield with other Leisure Goods companies or firms from Japan.

Dividend yield of Panasonic Corp

Panasonic Corp Dividend Payout

About the ability of Panasonic Corp to maintain his current dividend of JPY 19.94 per share, an amount that accounts for 1.40%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Panasonic Corp payout on ernings is currently 15.54%, which is lower than the market average and companies of Consumer Goods industry, which are 38.16% and 45.22% respectively. Both figures lead us to believe that there is confidence that Panasonic 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 Panasonic Corp is JPY 184.94 per share, which is higher than the dividend per share paid by the company of JPY 19.94, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Panasonic Corp, compared againt world market average, Japan companies, Consumer Goods industry and Leisure Goods sector companies.

Panasonic Corp payout

Panasonic Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.40%19.9415.54%2,333
20202.10%25.0119.53%2,333
20192.91%29.9719.79%2,332
20183.53%34.9827.53%2,332
20171.52%25.0829.94%2,333
20162.15%25.0329.89%2,312
20151.43%19.9920.59%2,312

*In millions

Panasonic Corp Stock performance

Finally, last moth Panasonic Corp showed a return of 4.20% compared to a worldwide 4.25% average, and a 4.48% of Consumer Goods firms. Over the last year, the company obtained a 72.50% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Japan and Leisure Goods firms.

Panasonic Corp stock and market return