Nisshin OilliO GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Nisshin OilliO GroupLtd is a dividend paying company with a current yield of 3.56% 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
3.6%
Dividend yield
-0.002%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 3.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €1.072 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8WC's dividends per share have been stable in the past 10 years.
Growing Dividend: 8WC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nisshin OilliO GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8WC) | 3.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Food) | 4.7% |
| Analyst forecast (8WC) (up to 3 years) | 4.4% |
Notable Dividend: 8WC's dividend (3.56%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 8WC's dividend (3.56%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 8WC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (468%), 8WC's dividend payments are not well covered by cash flows.