Nishikawa Rubber Dividends and Buybacks
Dividend criteria checks 5/6
Nishikawa Rubber is a dividend paying company with a current yield of 2.48% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥52.000 |
| Payout ratio | 18% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5161's dividends per share have been stable in the past 10 years.
Growing Dividend: 5161's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nishikawa Rubber Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5161) | 2.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (5161) (up to 3 years) | n/a |
Notable Dividend: 5161's dividend (2.48%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 5161's dividend (2.48%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), 5161's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), 5161's dividend payments are thoroughly covered by cash flows.