Nikkato Dividends and Buybacks
Dividend criteria checks 4/6
Nikkato is a dividend paying company with a current yield of 4.31% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.3%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥21.000 |
| Payout ratio | 41% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5367 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5367 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Nikkato Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5367) | 4.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (5367) (up to 3 years) | n/a |
Notable Dividend: 5367's dividend (4.31%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5367's dividend (4.31%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), 5367's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), 5367's dividend payments are covered by cash flows.