Nabtesco Dividend
Dividend criteria checks 2/6
Nabtesco is a dividend paying company with a current yield of 2.83%. Next payment date is on 2nd September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.8%
Dividend yield
92%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 02 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥87.41 |
Dividend yield forecast in 3Y | 2.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6268's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6268's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nabtesco Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6268) | 2.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (6268) | 2.9% |
Notable Dividend: 6268's dividend (2.83%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6268's dividend (2.83%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (91.5%), 6268's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6268 is paying a dividend but the company has no free cash flows.