NSK Dividend
Dividend criteria checks 4/6
NSK is a dividend paying company with a current yield of 4.37%. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.4%
Dividend yield
112%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥34.000 |
| Earnings per share | JP¥26.99 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6471's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6471's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NSK Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6471) | 4.4% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast in 3 Years (6471) | 4.7% |
Notable Dividend: 6471's dividend (4.37%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 6471's dividend (4.37%) is in the top 25% of dividend payers in the JP market (3.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (112%), 6471's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), 6471's dividend payments are well covered by cash flows.