NHK Spring Dividend
Dividend criteria checks 5/6
NHK Spring is a dividend paying company with a current yield of 3.58% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.6%
Dividend yield
24%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥57.000 |
| Earnings per share | JP¥182.42 |
| Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00
Jul 25
NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last Year
Jul 11NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Feb 27Recent updates
NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00
Jul 25NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last Year
Jul 11Here's Why NHK Spring (TSE:5991) Can Manage Its Debt Responsibly
Jun 04NHK Spring's (TSE:5991) Solid Profits Have Weak Fundamentals
May 22NHK 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 27Upcoming Dividend Payment
Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5991) | 3.6% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.6% |
| Industry Average (Auto Components) | 3.2% |
| Analyst forecast in 3 Years (5991) | 4.1% |
Notable Dividend: 5991's dividend (3.58%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 5991's dividend (3.58%) is in the top 25% of dividend payers in the JP market (3.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 5991's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.3%), 5991's dividend payments are well covered by cash flows.