Nichirei Dividends and Buybacks
Dividend criteria checks 4/6
Nichirei is a dividend paying company with a current yield of 2.03% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.502 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NI3's dividend payments have been volatile in the past 10 years.
Growing Dividend: NI3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nichirei Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NI3) | 2.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Food) | 4.7% |
| Analyst forecast (NI3) (up to 3 years) | 2.4% |
Notable Dividend: NI3's dividend (2.03%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: NI3's dividend (2.03%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.8%), NI3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), NI3's dividend payments are well covered by cash flows.