Nissin Electric Co., Ltd.

TSE:6641 Stock Report

Market Cap: JP¥181.3b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Nissin Electric Dividends and Buybacks

Dividend criteria checks 5/6

Key information

2.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.2%
Dividend Growth4.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio17%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 6641's dividends per share have been stable in the past 10 years.

Growing Dividend: 6641's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Nissin Electric Dividend Yield vs Market
How does 6641 dividend yield compare to the market?
SegmentDividend Yield
Company (6641)2.2%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.9%
Industry Average (Electrical)1.9%
Analyst forecast (6641) (up to 3 years)2.2%

Notable Dividend: 6641's dividend (2.24%) is higher than the bottom 25% of dividend payers in the JP market (1.63%).

High Dividend: 6641's dividend (2.24%) is low compared to the top 25% of dividend payers in the JP market (3.52%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.8%), 6641's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), 6641's dividend payments are well covered by cash flows.


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