Nitchitsu Dividends and Buybacks
Dividend criteria checks 3/6
Nitchitsu is a dividend paying company with a current yield of 1.88% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.9%
Dividend yield
5.4%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥30.000 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
There May Be Underlying Issues With The Quality Of Nitchitsu's (TSE:7021) Earnings
Nov 19
Returns At Nitchitsu (TSE:7021) Are On The Way Up
Nov 12Risks To Shareholder Returns Are Elevated At These Prices For Nitchitsu Co., Ltd. (TSE:7021)
Aug 06Investors Shouldn't Be Too Comfortable With Nitchitsu's (TSE:7021) Earnings
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7021's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7021's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nitchitsu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7021) | 1.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (7021) (up to 3 years) | n/a |
Notable Dividend: 7021's dividend (1.88%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7021's dividend (1.88%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.7%), 7021's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.8%), 7021's dividend payments are well covered by cash flows.