Noritsu Koki is a dividend paying company with a current yield of 1.45% that is well covered by earnings. Next payment date is on 4th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.5%
Dividend yield
40%
Payout ratio
Industry average yield
1.2%
Next dividend pay date
04 Sep 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
JP¥285.65
Dividend yield forecast in 3Y
4.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7744's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7744's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Noritsu Koki Dividend Yield vs Market
How does 7744 dividend yield compare to the market?
Segment
Dividend Yield
Company (7744)
1.5%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Industrials)
1.2%
Analyst forecast in 3 Years (7744)
4.2%
Notable Dividend: 7744's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 7744's dividend (1.45%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 7744's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7744 is paying a dividend but the company has no free cash flows.