Nippon Tungsten Dividend
Dividend criteria checks 4/6
Nippon Tungsten is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
54%
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¥101.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6998's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6998's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Tungsten Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6998) | 3.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (6998) | n/a |
Notable Dividend: 6998's dividend (3.93%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6998's dividend (3.93%) is in the top 25% of dividend payers in the JP market (3.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.2%), 6998's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.3%), 6998's dividend payments are not well covered by cash flows.