Nix Dividends and Buybacks
Dividend criteria checks 4/6
Nix is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.02% |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Nix's (TSE:4243) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 25
We Think Nix (TSE:4243) Can Stay On Top Of Its Debt
Aug 05Something To Consider Before Buying Nix, Inc. (TYO:4243) For The 1.0% Dividend
May 04Is Nix (TYO:4243) A Risky Investment?
Mar 12Is Nix, Inc. (TYO:4243) A Good Dividend Stock?
Jan 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4243's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4243's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nix Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4243) | 2.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (4243) (up to 3 years) | n/a |
Notable Dividend: 4243's dividend (2.93%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4243's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (3.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 4243's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.3%), 4243's dividend payments are well covered by cash flows.