Nippon Tungsten Dividend
What is Nippon Tungsten current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.58%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
| Nippon Tungsten Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6998) | 4.6% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.6% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (6998) | n/a |
Notable Dividend: 6998's dividend (4.58%) is higher than the bottom 25% of dividend payers in the JP market (1.65%).
High Dividend: 6998's dividend (4.58%) is in the top 25% of dividend payers in the JP market (3.6%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/26/2023 | 120 | 4.58 |
| 1/9/2023 | 120 | 4.87 |
| 8/5/2022 | 120 | 5.11 |
| 8/6/2021 | 80 | 3.7 |
| 5/21/2021 | 80 | 4.04 |
| 2/10/2021 | 40 | 2.23 |
| 2/9/2021 | 40 | 2.17 |
| 11/13/2020 | 40 | 2.25 |
| 11/12/2020 | 40 | 2.21 |
| 8/6/2020 | 40 | 2.23 |
| 8/5/2020 | 40 | 2.25 |
| 6/26/2020 | 70 | 3.91 |
| 5/20/2020 | 70 | 3.88 |
| 6/27/2019 | 85 | 4.38 |
| 5/16/2019 | 85 | 4.17 |
| 11/9/2018 | 90 | 3.8 |
| 11/8/2018 | 90 | 3.23 |
| 6/28/2018 | 60 | 2.51 |
| 5/10/2018 | 60 | 2.43 |
| 11/13/2017 | 60 | 2.05 |
| 11/9/2017 | 60 | 2.13 |
| 8/3/2017 | 50 | 1.83 |
| 6/29/2017 | 50 | 2.19 |
| 5/11/2017 | 50 | 2.56 |
| 2/2/2017 | 50 | 2.7 |
| 11/9/2016 | 50 | 2.85 |
| 6/29/2016 | 70 | 4.22 |
| 5/12/2016 | 70 | 4.18 |
| 2/5/2016 | 55 | 3.21 |
| 6/29/2015 | 50 | 2.63 |
| 5/14/2015 | 50 | 2.5 |
| 2/12/2015 | 40 | 2.12 |
| 11/13/2014 | 40 | 2.17 |
| 6/25/2014 | 50 | 2.52 |
| 5/14/2014 | 50 | 2.81 |
| 2/13/2014 | 40 | 2.32 |
| 11/13/2013 | 40 | 2.22 |
| 8/8/2013 | 40 | 2.61 |
| 6/26/2013 | - | 0 |
| 5/10/2013 | 40 | 2.7 |
| 2/14/2013 | 50 | 3.31 |
| 8/10/2012 | 50 | 3.71 |
| 6/27/2012 | 50 | 3.31 |
| 5/10/2012 | 50 | 3.37 |
| 2/10/2012 | 60 | 3.44 |
| 2/9/2012 | 60 | 3.29 |
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), 6998's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), 6998's dividend payments are well covered by cash flows.