Nichireki Group Dividend
Dividend criteria checks 4/6
Nichireki Group is a dividend paying company with a current yield of 3.05% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 5.4% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥75.000 |
| Payout ratio | 48% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5011's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5011's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nichireki Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5011) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast (5011) (up to 3 years) | 3.2% |
Notable Dividend: 5011's dividend (3.05%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5011's dividend (3.05%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), 5011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.1%), 5011's dividend payments are covered by cash flows.