Nittoc Construction Co., Ltd.

TSE:1929 Stock Report

Market Cap: JP¥41.9b

Nittoc Construction Dividends and Buybacks

Dividend criteria checks 5/6

Nittoc Construction is a dividend paying company with a current yield of 4.78% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.

Key information

4.8%

Dividend yield

0.002%

Buyback Yield

Total Shareholder Yield4.8%
Future Dividend Yield5.0%
Dividend Growth8.8%
Next dividend pay date29 Nov 24
Ex dividend date27 Sep 24
Dividend per shareJP¥48.000
Payout ratio47%

Recent dividend and buyback updates

Recent updates

There May Be Reason For Hope In Nittoc Construction's (TSE:1929) Disappointing Earnings

Nov 18
There May Be Reason For Hope In Nittoc Construction's (TSE:1929) Disappointing Earnings

Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥22.00

Aug 27
Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥22.00

Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥22.00

Jul 25
Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥22.00

Nittoc Construction (TSE:1929) Has Announced A Dividend Of ¥22.00

Jul 11
Nittoc Construction (TSE:1929) Has Announced A Dividend Of ¥22.00

Nittoc Construction (TSE:1929) Will Pay A Dividend Of ¥25.00

Mar 11
Nittoc Construction (TSE:1929) Will Pay A Dividend Of ¥25.00

Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥25.00

Feb 26
Nittoc Construction (TSE:1929) Is Paying Out A Dividend Of ¥25.00

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
How does 1929 dividend yield compare to the market?
SegmentDividend Yield
Company (1929)4.8%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Construction)3.3%
Analyst forecast (1929) (up to 3 years)5.0%

Notable Dividend: 1929's dividend (4.78%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).

High Dividend: 1929's dividend (4.78%) is in the top 25% of dividend payers in the JP market (3.79%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.4%), 1929's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), 1929's dividend payments are well covered by cash flows.


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