Nittoc Construction Dividend
Dividend criteria checks 5/6
Nittoc Construction is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.6%
Dividend yield
69%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥48.000 |
| Earnings per share | JP¥67.71 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1929) | 4.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Construction) | 3.4% |
| Analyst forecast in 3 Years (1929) | 4.8% |
Notable Dividend: 1929's dividend (4.62%) is higher than the bottom 25% of dividend payers in the JP market (1.85%).
High Dividend: 1929's dividend (4.62%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), 1929's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60%), 1929's dividend payments are covered by cash flows.