Nitto Kogyo Dividends and Buybacks
Dividend criteria checks 4/6
Nitto Kogyo is a dividend paying company with a current yield of 4.57% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.6%
Dividend yield
0.0009%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 8.7% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥132.000 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Nitto Kogyo's (TSE:6651) Dividend Is Being Reduced To ¥64.00
Sep 06
Nitto Kogyo's (TSE:6651) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 23Nitto Kogyo's (TSE:6651) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 09Nitto Kogyo's (TSE:6651) Dividend Is Being Reduced To ¥64.00
Jul 26Nitto Kogyo's (TSE:6651) Dividend Will Be Reduced To ¥64.00
Jul 12Recent updates
Impressive Earnings May Not Tell The Whole Story For Nitto Kogyo (TSE:6651)
Nov 12Nitto Kogyo's (TSE:6651) Dividend Is Being Reduced To ¥64.00
Sep 06Nitto Kogyo's (TSE:6651) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 23Nitto Kogyo's (TSE:6651) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 09Nitto Kogyo's (TSE:6651) Dividend Is Being Reduced To ¥64.00
Jul 26Nitto Kogyo's (TSE:6651) Dividend Will Be Reduced To ¥64.00
Jul 12Nitto Kogyo's (TSE:6651) Upcoming Dividend Will Be Larger Than Last Year's
Mar 03We Think Nitto Kogyo (TSE:6651) Can Stay On Top Of Its Debt
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6651's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6651's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nitto Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6651) | 4.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (6651) (up to 3 years) | 5.3% |
Notable Dividend: 6651's dividend (4.57%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6651's dividend (4.57%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.3%), 6651's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6651 is paying a dividend but the company has no free cash flows.