NKK Switches Dividends and Buybacks
Dividend criteria checks 2/6
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 Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.5% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥70.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Earnings Troubles May Signal Larger Issues for NKK Switches (TSE:6943) Shareholders
Nov 21
Not Many Are Piling Into NKK Switches Co., Ltd. (TSE:6943) Just Yet
Aug 08Why NKK Switches' (TSE:6943) Shaky Earnings Are Just The Beginning Of Its Problems
May 21Tread With Caution Around NKK Switches Co., Ltd.'s (TYO:6943) 2.1% Dividend Yield
Jan 07
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6943) | 1.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| 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 (1.83%).
High Dividend: 6943's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), 6943's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.4%), 6943's dividend payments are thoroughly covered by cash flows.