NIPPON PARKING DEVELOPMENTLtd Dividend
Dividend criteria checks 4/6
NIPPON PARKING DEVELOPMENTLtd is a dividend paying company with a current yield of 2.82% that is well covered by earnings. Next payment date is on 27th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
2.8%
Dividend yield
40%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 27 Oct 24 |
Ex dividend date | 30 Jul 24 |
Dividend per share | n/a |
Earnings per share | JP¥13.12 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2353's dividends per share have been stable in the past 10 years.
Growing Dividend: 2353's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
NIPPON PARKING DEVELOPMENTLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2353) | 2.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Commercial Services) | 1.8% |
Analyst forecast in 3 Years (2353) | 2.8% |
Notable Dividend: 2353's dividend (2.82%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2353's dividend (2.82%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), 2353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2353 is paying a dividend but the company has no free cash flows.