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Nippon Electric Glass (NPEGF) produces and sells 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 the sales from electronics and information technology category.

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

Three key data points gauge Nippon Electric Glassor 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

Nippon Electric Glass’s share price rose about 12.5% in the past year from $21.14 to $24.17 as of Thursday’s market close.

In the past 3 years the company’s share price has ranged from $16.84 to $24.17, its all-time high of $73.90 was reached March 31, 2010.

If the company repeats its one year average annual performance, its price might grow by $2.83 next year to $27.00.

NPEGF Dividend

Nippon Electric Glass has paid variable semi-annual dividends since November 28, 2014. The company’s most recent Semi-Annual dividend of $0.41 was declared February 5th 2024 for shareholders of record prior to December 27th, and the payout is due March 31st. A forward looking annual dividend of $0.94 yields 3.89% per Thursday’s closing price.

NPEGF Returns

Putting it all together, a $3.77 estimated gross gain per share shows up by adding NPEGF’s annual $0.94 dividend to the estimated $2.83 annual price gain, totaling that $3.77 gross amount.

A little under $1000 buys 41 shares at Wednesday’s $24.17 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.24 per share out of the $3.77 gross-gain to give us a net $3.53 amount per share to multiply by 41, to equal $144.73 for about a 14.5% estimated net gain on the year.

Furthermore, the $38.90 annual dividend income from $1k invested in Nippon Electric Glass is over 1.6 times greater than the single-share price. By these numbers, Nippon Electric Glass Co Ltd may be an ideal dividend dog.

Therefore, you may choose to pounce on NPEGF as a 81 year-old semi-annual dividend-paying glass and information technology company with a 10 year dividend record.

The exact track of Nippon Electric Glass 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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