NITTAN Dividend
Dividend criteria checks 5/6
NITTAN is a dividend paying company with a current yield of 4.78% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.3% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥12.000 |
| Payout ratio | 87% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6493's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6493's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NITTAN Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6493) | 4.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.5% |
| Analyst forecast (6493) (up to 3 years) | n/a |
Notable Dividend: 6493's dividend (4.78%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6493's dividend (4.78%) is in the top 25% of dividend payers in the JP market (3.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.7%), 6493's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.6%), 6493's dividend payments are thoroughly covered by cash flows.