NISSO PRONITY Dividends and Buybacks
Dividend criteria checks 2/6
NISSO PRONITY is a dividend paying company with a current yield of 3.37% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | JP¥30.000 |
| Payout ratio | 21% |
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 not increased.
Dividend Yield vs Market
| NISSO PRONITY Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3440) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (3440) (up to 3 years) | n/a |
Notable Dividend: 3440's dividend (3.37%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 3440's dividend (3.37%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), 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.