Nichias Dividend
Dividend criteria checks 4/6
Nichias is a dividend paying company with a current yield of 2.33% 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
2.3%
Dividend yield
39%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥104.000 |
Earnings per share | JP¥410.36 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Nichias (TSE:5393) Is Paying Out A Larger Dividend Than Last Year
Jul 25Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Jul 11Nichias' (TSE:5393) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 18Recent updates
Nichias (TSE:5393) Is Paying Out A Larger Dividend Than Last Year
Jul 25Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Jul 11Why Nichias Corporation (TSE:5393) Could Be Worth Watching
Jun 20Here's Why Nichias (TSE:5393) Can Manage Its Debt Responsibly
May 22Returns At Nichias (TSE:5393) Appear To Be Weighed Down
Apr 12Nichias' (TSE:5393) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 18Nichias Corporation's (TSE:5393) Share Price Is Matching Sentiment Around Its Earnings
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5393's dividends per share have been stable in the past 10 years.
Growing Dividend: 5393's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nichias Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5393) | 2.3% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.6% |
Industry Average (Building) | 2.3% |
Analyst forecast in 3 Years (5393) | 2.5% |
Notable Dividend: 5393's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 5393's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 5393's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108%), 5393's dividend payments are not well covered by cash flows.