Nikkato Dividend
Dividend criteria checks 4/6
Nikkato is a dividend paying company with a current yield of 3.89% 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
3.9%
Dividend yield
41%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥21.000 |
Earnings per share | JP¥58.81 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 5367's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 5367's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Nikkato Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5367) | 3.9% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (5367) | n/a |
Notable Dividend: 5367's dividend (3.89%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5367's dividend (3.89%) is in the top 25% of dividend payers in the JP market (3.74%)
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.