Nissei ASB Machine Dividends and Buybacks
Dividend criteria checks 5/6
Nissei ASB Machine is a dividend paying company with a current yield of 2.29% 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
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 5.3% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥120.000 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6284's dividends per share have been stable in the past 10 years.
Growing Dividend: 6284's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nissei ASB Machine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6284) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6284) (up to 3 years) | 3.1% |
Notable Dividend: 6284's dividend (2.29%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6284's dividend (2.29%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 6284's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.4%), 6284's dividend payments are well covered by cash flows.