NHK Spring Dividend
Dividend criteria checks 3/6
NHK Spring is a dividend paying company with a current yield of 2.87% that is well covered by earnings.
Key information
2.9%
Dividend yield
41%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥85.06 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
NHK Spring Co., Ltd.'s (TSE:5991) P/E Still Appears To Be Reasonable
Apr 28Estimating The Intrinsic Value Of NHK Spring Co., Ltd. (TSE:5991)
Apr 15Be Wary Of NHK Spring (TSE:5991) And Its Returns On Capital
Mar 13NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5991's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5991's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
NHK Spring Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5991) | 2.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast in 3 Years (5991) | 3.0% |
Notable Dividend: 5991's dividend (2.87%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 5991's dividend (2.87%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 5991's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5991 is paying a dividend but the company has no free cash flows.