NKK Switches Co., Ltd.

TSE:6943 Stock Report

Market Cap: JP¥3.6b

NKK Switches Dividends and Buybacks

Dividend criteria checks 1/6

NKK Switches is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 27th September, 2024.

Key information

1.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.4%
Next dividend pay date11 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥70.000
Payout ratio34%

Recent dividend and buyback updates

Recent updates

Not Many Are Piling Into NKK Switches Co., Ltd. (TSE:6943) Just Yet

Aug 08
Not Many Are Piling Into NKK Switches Co., Ltd. (TSE:6943) Just Yet

Why NKK Switches' (TSE:6943) Shaky Earnings Are Just The Beginning Of Its Problems

May 21
Why NKK Switches' (TSE:6943) Shaky Earnings Are Just The Beginning Of Its Problems

Tread With Caution Around NKK Switches Co., Ltd.'s (TYO:6943) 2.1% Dividend Yield

Jan 07
Tread With Caution Around NKK Switches Co., Ltd.'s (TYO:6943) 2.1% Dividend Yield

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 6943's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6943's dividend payments have fallen over the past 10 years.

Dividend Yield vs Market

NKK Switches Dividend Yield vs Market
How does 6943 dividend yield compare to the market?
SegmentDividend Yield
Company (6943)1.6%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Electrical)1.8%
Analyst forecast (6943) (up to 3 years)n/a

Notable Dividend: 6943's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.8%).

High Dividend: 6943's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (3.77%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.7%), 6943's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 6943 is paying a dividend but the company has no free cash flows.

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