Noritake Dividends and Buybacks
Dividend criteria checks 4/6
Noritake is a dividend paying company with a current yield of 3.41% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 4.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥130.000 |
| Payout ratio | 16% |
Recent dividend and buyback 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) | 2.2% |
| Analyst forecast (5331) (up to 3 years) | 4.7% |
Notable Dividend: 5331's dividend (3.41%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 5331's dividend (3.41%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16%), 5331's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.7%), 5331's dividend payments are covered by cash flows.