NOK Dividend
Dividend criteria checks 4/6
NOK is a dividend paying company with a current yield of 4.09% 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
4.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Earnings per share | JP¥220.55 |
| Dividend yield forecast | 4.2% |
Recent dividend updates
Recent updates
NOK (TSE:7240) Is Doing The Right Things To Multiply Its Share Price
Aug 26
NOK Corporation's (TSE:7240) Prospects Need A Boost To Lift Shares
Jul 25Investors Shouldn't Be Too Comfortable With NOK's (TSE:7240) Earnings
May 21Calculating The Intrinsic Value Of NOK Corporation (TSE:7240)
Apr 30Here's Why NOK (TSE:7240) Can Manage Its Debt Responsibly
Apr 12NOK (TSE:7240) Is Due To Pay A Dividend Of ¥37.50
Mar 25Earnings Tell The Story For NOK Corporation (TSE:7240)
Mar 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7240's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7240's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NOK Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7240) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (7240) (up to 3 years) | 4.2% |
Notable Dividend: 7240's dividend (4.09%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 7240's dividend (4.09%) is in the top 25% of dividend payers in the JP market (3.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), 7240's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 7240's cash payout ratio to determine if its dividend payments are covered by cash flows.