April 1, 2014 2:30 pm JST

Nikkei Dividend Index hits record-high 226.73 for 2013

TOKYO -- The final value of the Nikkei Stock Average Dividend Point Index for 2013 stood at 226.73, up 18.81 points from 2012, Nikkei Inc. announced Tuesday. It is highest figure since such data became available in 1998 and the fourth straight year of increase.

     The rise is mainly due to companies increasing their shareholder payouts as corporate performances improve.

     The index is based on the dividends that would be received by an investor holding shares in the Nikkei 225's constituent companies for a calendar year. The final value of the 2013 index was determined after all dividends for 2013 were fixed at the end of March 2014.

     Among the constituents of the 2013 index that can be compared with the previous year, 104 companies increased their dividend payments while 37 companies decreased them. Toyota Motor, Trend Micro and KDDI were among the biggest contributors to the rise in the 2013 index.

     The index is calculated on a calendar-year basis. Dividends in the accounting month of March 2014 will be included in the 2014 index in June 2014 after annual shareholder meetings are held.