Nippon Carbon Dividend
Dividend criteria checks 5/6
Nippon Carbon is a dividend paying company with a current yield of 3.6% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.6%
Dividend yield
77%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 06 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥366.71 |
Dividend yield forecast in 3Y | 3.6% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5302's dividends per share have been stable in the past 10 years.
Growing Dividend: 5302's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Carbon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5302) | 3.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electrical) | 1.6% |
Analyst forecast in 3 Years (5302) | 3.6% |
Notable Dividend: 5302's dividend (3.6%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 5302's dividend (3.6%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), 5302's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2831.8%), 5302's dividend payments are not well covered by cash flows.