Nishikawa Rubber Dividend
Dividend criteria checks 5/6
Nishikawa Rubber is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
17%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥52.000 |
Earnings per share | JP¥260.85 |
Dividend yield forecast | n/a |
Recent dividend updates
Upcoming Dividend Payment
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 |
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Segment | Dividend Yield |
---|---|
Company (5161) | 3.0% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Auto Components) | 3.4% |
Analyst forecast (5161) (up to 3 years) | n/a |
Notable Dividend: 5161's dividend (2.97%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5161's dividend (2.97%) is low compared to the top 25% of dividend payers in the JP market (3.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), 5161's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), 5161's dividend payments are thoroughly covered by cash flows.