Nichias Dividend
Dividend criteria checks 5/6
Nichias is a dividend paying company with a current yield of 1.94% 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
1.9%
Dividend yield
22%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥104.000 |
| Earnings per share | JP¥443.76 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Aug 23
Nichias' (TSE:5393) Dividend Will Be Increased To ¥52.00
Aug 09Nichias (TSE:5393) Is Paying Out A Larger Dividend Than Last Year
Jul 25Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Jul 11Recent updates
Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Aug 23Nichias' (TSE:5393) Dividend Will Be Increased To ¥52.00
Aug 09Nichias (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) | 1.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Building) | 2.5% |
| Analyst forecast in 3 Years (5393) | 2.1% |
Notable Dividend: 5393's dividend (1.94%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5393's dividend (1.94%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.2%), 5393's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.4%), 5393's dividend payments are well covered by cash flows.