Nippon Piston Ring Dividends and Buybacks
Dividend criteria checks 5/6
Nippon Piston Ring is a dividend paying company with a current yield of 3.68% that is well covered by earnings.
Key information
3.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6461's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6461's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nippon Piston Ring Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6461) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (6461) (up to 3 years) | n/a |
Notable Dividend: 6461's dividend (3.68%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).
High Dividend: 6461's dividend (3.68%) is in the top 25% of dividend payers in the JP market (3.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), 6461's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31%), 6461's dividend payments are well covered by cash flows.