Nippon Dry-Chemical Co., Ltd.

TSE:1909 Stock Report

Market Cap: JP¥25.9b

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 Yield2.5%
Future Dividend Yield1.3%
Dividend Growth-7.1%
Next dividend pay date16 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥45.000
Payout ratio6%

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 24
Nippon Dry-Chemical Co., Ltd.'s (TSE:1909) Shares Bounce 26% But Its Business Still Trails The Market

We Think Nippon Dry-Chemical (TSE:1909) Can Stay On Top Of Its Debt

Sep 09
We Think Nippon Dry-Chemical (TSE:1909) Can Stay On Top Of Its Debt

The Market Doesn't Like What It Sees From Nippon Dry-Chemical Co., Ltd.'s (TSE:1909) Earnings Yet As Shares Tumble 26%

Aug 05
The Market Doesn't Like What It Sees From Nippon Dry-Chemical Co., Ltd.'s (TSE:1909) Earnings Yet As Shares Tumble 26%

Stability 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
How does 1909 dividend yield compare to the market?
SegmentDividend 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.


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