Nichidai Dividends and Buybacks
Dividend criteria checks 2/6
Nichidai is a dividend paying company with a current yield of 1.59% 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
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.0% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥6.000 |
| Payout ratio | 8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6467's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6467's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nichidai Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6467) | 1.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6467) (up to 3 years) | n/a |
Notable Dividend: 6467's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6467's dividend (1.59%) is low compared to the top 25% of dividend payers in the JP market (3.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.7%), 6467's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14%), 6467's dividend payments are thoroughly covered by cash flows.