Nitta Dividend
Dividend criteria checks 4/6
Nitta is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
33%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 05 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥132.000 |
Earnings per share | JP¥371.67 |
Dividend yield forecast in 3Y | 4.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5186's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5186's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nitta Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5186) | 3.7% |
Market Bottom 25% (JP) | 2.0% |
Market Top 25% (JP) | 4.0% |
Industry Average (Machinery) | 3.0% |
Analyst forecast in 3 Years (5186) | 4.3% |
Notable Dividend: 5186's dividend (3.7%) is higher than the bottom 25% of dividend payers in the JP market (1.97%).
High Dividend: 5186's dividend (3.7%) is low compared to the top 25% of dividend payers in the JP market (3.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 5186's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), 5186's dividend payments are covered by cash flows.