Nissei Plastic IndustrialLtd Dividends and Buybacks
Dividend criteria checks 2/6
Nissei Plastic IndustrialLtd is a dividend paying company with a current yield of 3.75%. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.9% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥35.000 |
| Payout ratio | 303% |
Recent dividend and buyback updates
Nissei Plastic IndustrialLtd (TSE:6293) Will Pay A Dividend Of ¥15.00
Sep 23
Nissei Plastic IndustrialLtd (TSE:6293) Is Due To Pay A Dividend Of ¥15.00
Aug 27Nissei Plastic IndustrialLtd (TSE:6293) Is Paying Out A Dividend Of ¥15.00
Jul 25Nissei Plastic IndustrialLtd's (TSE:6293) Dividend Will Be ¥15.00
Jul 11Recent updates
Nissei Plastic IndustrialLtd (TSE:6293) Will Pay A Dividend Of ¥15.00
Sep 23Nissei Plastic IndustrialLtd (TSE:6293) Is Due To Pay A Dividend Of ¥15.00
Aug 27Nissei Plastic IndustrialLtd (TSE:6293) Is Paying Out A Dividend Of ¥15.00
Jul 25Nissei Plastic IndustrialLtd's (TSE:6293) Dividend Will Be ¥15.00
Jul 11We Think That There Are More Issues For Nissei Plastic IndustrialLtd (TSE:6293) Than Just Sluggish Earnings
May 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6293's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6293's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nissei Plastic IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6293) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6293) (up to 3 years) | n/a |
Notable Dividend: 6293's dividend (3.75%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6293's dividend (3.75%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (303.2%), 6293's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6293 is paying a dividend but the company has no free cash flows.