Nittoc Construction Dividend
Dividend criteria checks 5/6
Nittoc Construction is a dividend paying company with a current yield of 3.78% that is well covered by earnings.
Key information
3.8%
Dividend yield
55%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥73.47 |
Dividend yield forecast in 3Y | 5.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1929's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1929's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nittoc Construction Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1929) | 3.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Construction) | 3.2% |
Analyst forecast in 3 Years (1929) | 5.0% |
Notable Dividend: 1929's dividend (3.78%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).
High Dividend: 1929's dividend (3.78%) is in the top 25% of dividend payers in the JP market (3.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), 1929's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.5%), 1929's dividend payments are covered by cash flows.