Nichirin Dividend
Dividend criteria checks 4/6
Nichirin is a dividend paying company with a current yield of 2.63% that is well covered by earnings. Next payment date is on 11th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.6%
Dividend yield
35%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 11 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥436.85 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5184's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5184's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nichirin Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5184) | 2.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast in 3 Years (5184) | n/a |
Notable Dividend: 5184's dividend (2.63%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5184's dividend (2.63%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 5184's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.3%), 5184's dividend payments are well covered by cash flows.