Nikko Dividend
Dividend criteria checks 6/6
Nikko is a dividend paying company with a current yield of 4.12% that is well covered by earnings.
Key information
4.1%
Dividend yield
83%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥36.27 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6306's dividends per share have been stable in the past 10 years.
Growing Dividend: 6306's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nikko Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6306) | 4.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (6306) | n/a |
Notable Dividend: 6306's dividend (4.12%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).
High Dividend: 6306's dividend (4.12%) is in the top 25% of dividend payers in the JP market (3.31%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), 6306's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.2%), 6306's dividend payments are covered by cash flows.