Nippon Dry-Chemical Dividends and Buybacks
Dividend criteria checks 4/6
Nippon Dry-Chemical is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.2%
Dividend yield
1.3%
Buyback Yield
Total Shareholder Yield | 2.5% |
Future Dividend Yield | 1.3% |
Dividend Growth | -7.1% |
Next dividend pay date | 16 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥45.000 |
Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Nippon Dry-Chemical Co., Ltd.'s (TSE:1909) Shares Bounce 26% But Its Business Still Trails The Market
Sep 24We Think Nippon Dry-Chemical (TSE:1909) Can Stay On Top Of Its Debt
Sep 09The Market Doesn't Like What It Sees From Nippon Dry-Chemical Co., Ltd.'s (TSE:1909) Earnings Yet As Shares Tumble 26%
Aug 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1909's dividends per share have been stable in the past 10 years.
Growing Dividend: 1909's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Dry-Chemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1909) | 1.2% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Machinery) | 2.2% |
Analyst forecast (1909) (up to 3 years) | 1.3% |
Notable Dividend: 1909's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 1909's dividend (1.16%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.5%), 1909's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.8%), 1909's dividend payments are thoroughly covered by cash flows.