Nireco Dividend
Dividend criteria checks 4/6
Nireco is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
32%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥154.00 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Nireco Corporation (TSE:6863) Soars 25% But It's A Story Of Risk Vs Reward
Feb 26
Is 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) | 2.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (6863) | 4.2% |
Notable Dividend: 6863's dividend (2.92%) is higher than the bottom 25% of dividend payers in the JP market (1.56%).
High Dividend: 6863's dividend (2.92%) is low compared to the top 25% of dividend payers in the JP market (3.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.7%), 6863's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85%), 6863's dividend payments are covered by cash flows.