NS Tool Dividend
Dividend criteria checks 4/6
NS Tool is a dividend paying company with a current yield of 3.12% 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
3.1%
Dividend yield
49%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | n/a |
Earnings per share | JP¥53.12 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6157's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6157's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
NS Tool Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6157) | 3.1% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Machinery) | 2.4% |
Analyst forecast in 3 Years (6157) | n/a |
Notable Dividend: 6157's dividend (3.12%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6157's dividend (3.12%) is low compared to the top 25% of dividend payers in the JP market (3.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), 6157's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.6%), 6157's dividend payments are covered by cash flows.