NISSO PRONITY Dividend
Dividend criteria checks 2/6
NISSO PRONITY is a dividend paying company with a current yield of 1.89% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 29th August, 2024.
Key information
1.9%
Dividend yield
31%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥63.76 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3440 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3440 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| NISSO PRONITY Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3440) | 1.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (3440) | n/a |
Notable Dividend: 3440's dividend (1.89%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3440's dividend (1.89%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.3%), 3440's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3440 is paying a dividend but the company has no free cash flows.