Noritake Dividend
Dividend criteria checks 4/6
Noritake is a dividend paying company with a current yield of 3.39% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
0.005%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 4.1% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥130.000 |
| Payout ratio | 31% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5331's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5331's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Noritake Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5331) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (5331) (up to 3 years) | 4.7% |
Notable Dividend: 5331's dividend (3.39%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5331's dividend (3.39%) 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 (31%), 5331's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), 5331's dividend payments are well covered by cash flows.