Nippon Tungsten Dividend
Dividend criteria checks 4/6
Nippon Tungsten is a dividend paying company with a current yield of 4.15% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
45%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 06 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥50.000 |
Earnings per share | JP¥110.87 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
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) | 4.1% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.8% |
Industry Average (Electrical) | 2.1% |
Analyst forecast in 3 Years (6998) | n/a |
Notable Dividend: 6998's dividend (4.15%) is higher than the bottom 25% of dividend payers in the JP market (1.88%).
High Dividend: 6998's dividend (4.15%) is in the top 25% of dividend payers in the JP market (3.83%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 6998's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6998 is paying a dividend but the company has no free cash flows.