Nikko Dividends and Buybacks
Dividend criteria checks 6/6
Nikko is a dividend paying company with a current yield of 4.26% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.0% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥30.000 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Nikko (TSE:6306) Has Affirmed Its Dividend Of ¥15.00
Sep 18
Nikko (TSE:6306) Will Pay A Dividend Of ¥15.00
Sep 04Nikko's (TSE:6306) Dividend Will Be ¥15.00
Aug 21Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 26Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 11Recent updates
Nikko (TSE:6306) Has Affirmed Its Dividend Of ¥15.00
Sep 18Nikko (TSE:6306) Will Pay A Dividend Of ¥15.00
Sep 04Nikko's (TSE:6306) Dividend Will Be ¥15.00
Aug 21Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 26Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 11Nikko (TSE:6306) Has Affirmed Its Dividend Of ¥15.00
Mar 25Nikko's (TSE:6306) Dividend Will Be ¥15.00
Mar 11Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Feb 26Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6306) | 4.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6306) (up to 3 years) | n/a |
Notable Dividend: 6306's dividend (4.26%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6306's dividend (4.26%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.9%), 6306's dividend 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.