NICHIDEN Dividends and Buybacks
Dividend criteria checks 2/6
NICHIDEN is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.3%
Dividend yield
4.3%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.2% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥70.000 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9902 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9902's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| NICHIDEN Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9902) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast (9902) (up to 3 years) | n/a |
Notable Dividend: 9902's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 9902's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), 9902's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (673.2%), 9902's dividend payments are not well covered by cash flows.