NGK Insulators Dividends and Buybacks
Dividend criteria checks 4/6
NGK Insulators is a dividend paying company with a current yield of 2.73% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
3.4%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 9.7% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.332 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NGI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NGK Insulators Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NGI) | 2.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (NGI) (up to 3 years) | 3.5% |
Notable Dividend: NGI's dividend (2.73%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: NGI's dividend (2.73%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), NGI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), NGI's dividend payments are well covered by cash flows.