Canon Inc. ADR (CAJ) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, CAJ has issued more dividends than 99.11% of other dividend-issuing US stocks.
- As for free cash flow, CAJ has greater average cash flow over the past 5.01 years than 98.87% US-listed dividend payers.
- In terms trailing twelve months of dividends issued, CAJ has returned $126,938,000,000 US dollars -- more than 98.95% of public US dividend stocks.
- As for stocks whose price is uncorrelated with CAJ's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: HAPP, SQFT, GHG, EVI and TMO.
CAJ Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.63 | $260.86 | 1002.05% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of CAJ, the DDM model, as implemented by StockNews, implies a positive return of 1002.05% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Canon Inc are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, the expected return of 1002.05%, based on the stock's current share price and target price based on a dividend discount model, is greater than 98.43% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, CAJ has a discount rate lower than 98.43% of them (a lower discount rate is associated with lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, Canon Inc has been increasing its dividends at a faster rate than 7.88% of US-listed dividend-issuing stocks we observed.
- As other dividend issuers in the Technology sector, Canon Inc has an equity discount rate lower than 96.06% of them.
CAJ Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-12-29 | Dividend | $0.39 | +5.45% |
| 2022-06-28 | Dividend | $0.37 | -8.48% |
| 2021-12-29 | Dividend | $0.40 | +23.38% |
| 2021-06-28 | Dividend | $0.33 | +6.56% |
| 2020-12-29 | Dividend | $0.31 | -17.34% |
| 2020-06-26 | Dividend | $0.37 | -36.82% |
| 2019-12-27 | Dividend | $0.58 | -2.50% |
| 2019-06-26 | Dividend | $0.60 | +4.36% |
| 2018-06-27 | Dividend | $0.57 | +3.42% |
| 2015-12-28 | Dividend | $0.56 | -22.11% |
| 2014-12-26 | Dividend | $0.71 | +59.47% |
| 2007-12-26 | Dividend | $0.45 | +8.37% |
| 2007-06-27 | Dividend | $0.41 | -2.60% |
| 2006-12-27 | Dividend | $0.42 | +180.00% |
| 2006-08-28 | Split | 3-2-for-1 Stock Split | N/A |
| 2006-06-27 | Dividend | $0.45 | -20.38% |
| 2005-12-28 | Dividend | $0.57 | +88.10% |
| 2005-06-27 | Dividend | $0.30 | +25.93% |
| 2004-12-28 | Dividend | $0.24 | +3.95% |
| 2004-06-25 | Dividend | $0.23 | +284.00% |
| 2003-12-29 | Dividend | $0.06 | -67.86% |
| 2003-12-26 | Dividend | $0.19 | +46.09% |
| 2003-06-25 | Dividend | $0.13 | +141.13% |
| 2002-12-27 | Dividend | $0.05 | -63.65% |
| 2002-12-26 | Dividend | $0.15 | +46.53% |
| 2002-06-26 | Dividend | $0.10 | +21.49% |
| 2001-12-26 | Dividend | $0.08 | -4.88% |
| 2001-06-26 | Dividend | $0.09 | -15.84% |
| 2000-12-26 | Dividend | $0.10 | +55.71% |
| 2000-06-27 | Dividend | $0.07 | -6.14% |
| 1999-12-28 | Dividend | $0.07 | +18.24% |
| 1999-06-25 | Dividend | $0.06 | -2.31% |
| 1998-12-28 | Dividend | $0.06 | +12.22% |
| 1998-06-25 | Dividend | $0.05 | -7.41% |
| 1998-03-16 | Split | 5-1-for-1 Stock Split | N/A |
| 1997-12-26 | Dividend | $0.27 | +11.27% |
| 1997-06-25 | Dividend | $0.25 | +2.66% |
| 1996-12-26 | Dividend | $0.24 | -7.93% |
| 1996-06-25 | Dividend | $0.26 | +1.32% |
| 1995-12-26 | Dividend | $0.26 | -11.81% |
| 1995-06-27 | Dividend | $0.29 | +9.98% |
| 1994-12-22 | Dividend | $0.27 | -1.08% |
| 1994-06-23 | Dividend | $0.27 | -11.09% |
| 1993-12-23 | Dividend | $0.30 | +25.31% |
| 1993-06-23 | Dividend | $0.24 | +12.09% |
| 1992-12-23 | Dividend | $0.22 | +2.87% |
| 1992-06-23 | Dividend | $0.21 | +0.97% |
| 1991-12-23 | Dividend | $0.21 | +10.11% |
| 1991-06-21 | Dividend | $0.19 | -5.62% |
| 1990-12-21 | Dividend | $0.20 | +15.34% |
| 1990-06-22 | Dividend | $0.17 | -7.10% |
| 1989-12-21 | Dividend | $0.19 | +2.93% |
| 1989-08-25 | Dividend | $0.18 | -12.80% |
| 1989-02-28 | Dividend | $0.21 | -- |
CAJ Dividends vs. Peers
CAJ's dividend yield currently ranks #51 of 67 vs. its peers in the Technology - Hardware category.
Looking for More Information on CAJ dividends?
Want to do more research on Canon Inc's dividends? Try the links below:Canon Inc Common Stock (CAJ) Dividend History | Nasdaq
Dividend History for Canon Inc (CAJ) - Dividend Investor
Canon Inc (CAJ) Dividend History - Seeking Alpha