Nihon Plast Dividends and Buybacks
Dividend criteria checks 5/6
Nihon Plast is a dividend paying company with a current yield of 4.2% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.2%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥15.000 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7291's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7291's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nihon Plast Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7291) | 4.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (7291) (up to 3 years) | n/a |
Notable Dividend: 7291's dividend (4.2%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 7291's dividend (4.2%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 7291's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), 7291's dividend payments are thoroughly covered by cash flows.