Nireco Dividends and Buybacks
Dividend criteria checks 4/6
Nireco is a dividend paying company with a current yield of 3.9% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 4.1% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥57.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
It's Down 34% But Nireco Corporation (TSE:6863) Could Be Riskier Than It Looks
Aug 05
Positive Sentiment Still Eludes Nireco Corporation (TSE:6863) Following 26% Share Price Slump
Jun 06Nireco Corporation (TSE:6863) Soars 25% But It's A Story Of Risk Vs Reward
Feb 26Is Nireco (TYO:6863) A Risky Investment?
May 03The Return Trends At Nireco (TYO:6863) Look Promising
Apr 13Nireco Corporation (TYO:6863) Vies For A Place In Your Dividend Portfolio: Here's Why
Mar 12Shareholders Of Nireco (TYO:6863) Must Be Happy With Their 94% Return
Feb 22At JP¥860, Is It Time To Put Nireco Corporation (TYO:6863) On Your Watch List?
Feb 02Here's Why Nireco (TYO:6863) Can Manage Its Debt Responsibly
Jan 15Should You Rely On Nireco's (TYO:6863) Earnings Growth?
Dec 31Can Nireco (TYO:6863) Continue To Grow Its Returns On Capital?
Dec 16
What To Know Before Buying Nireco Corporation (TYO:6863) For Its Dividend
Dec 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6863's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6863's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nireco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6863) | 3.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (6863) (up to 3 years) | 6.2% |
Notable Dividend: 6863's dividend (3.9%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6863's dividend (3.9%) is in the top 25% of dividend payers in the JP market (3.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 6863's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1452.7%), 6863's dividend payments are not well covered by cash flows.