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Nippon Electric Glass Co Ltd (NPEGF) is in the business of production and sale of glass products and glassmaking machinery.

Its business is divided into two categories (1) Electronics and Information Technology and (2) Performance Materials and Others.

The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber, and building materials.

The company generates most of its sales from the electronics and information technology categories.

The company was incorporated in 1944 and is headquartered in Otsu, Japan.

Three key data points gauge Nipon or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

NPEGF Price

Nipon Electric’s price grew about 6.6% in the past year from $21.48 to $22.60 as of Wednesday’s market close.

In the past 3 years, the company’s share price has ranged from $16.84 to $24.17.

However, the all-time high price of $73.90 was reached back on April 5, 2010.

Should NPEGF share price conform to the average $1.39 per year price gains charted over the past five years,  its share price might grow to $14.00 in the coming year.

NPEGF Dividends

Nipon Electric has paid variable semi-annual dividends since November 2012.

The company’s most recent SA dividends of $0.47 and $0.50 were declared February 5th for shareholders of record prior to June 27th and December 29th, respectively.

The forward-looking annual dividends of $ 0.97 yield 4.29% per Wednesday’s closing price.

NPEGF Returns

Putting it all together, a $2.37 estimated gross gain per share shows up by adding Nippon Electric’s annual $0.97 dividend to an estimated $1.40 annual gross price gain, totaling that $2.37 gross gain amount.

A little under $1000 buys 44.25 shares at Wednesday’s $22.60 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.225 per share out of the $2.37 gross gain to give us a $2.145 net amount per share to multiply by 44.25 shares.

That result comes to $90.42 for about a 9% estimated net gain in the coming year.

Furthermore, $42.90 in annual dividend income from your $1,000 investment in Nippon Electric Glass Co Ltd is nearly 2 times greater than the $22.60 single-share price. By these numbers, NPEGF could be considered an ideal dividend dog by my dog catcher standards.

Therefore, you may choose to pounce on NPEGF as an 82-year-old semi-annual dividend-paying Japanese electronics and glass company with a 13-year  dividend payment record.

The exact track of NPEGF’s future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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