Noritsu Koki Dividend
Dividend criteria checks 4/6
Noritsu Koki is a dividend paying company with a current yield of 2.66% 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
2.7%
Dividend yield
29%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 04 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥402.77 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
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 |
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Segment | Dividend Yield |
---|---|
Company (7744) | 2.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Industrials) | 1.3% |
Analyst forecast in 3 Years (7744) | 3.2% |
Notable Dividend: 7744's dividend (2.66%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 7744's dividend (2.66%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 7744's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.2%), 7744's dividend payments are covered by cash flows.