NIPPON PARKING DEVELOPMENTLtd Dividends and Buybacks
Dividend criteria checks 4/6
NIPPON PARKING DEVELOPMENTLtd is a dividend paying company with a current yield of 3.17% that is well covered by earnings.
Key information
3.2%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥7.000 |
| Payout ratio | 34% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2353) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (2353) (up to 3 years) | n/a |
Notable Dividend: 2353's dividend (3.17%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2353's dividend (3.17%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.2%), 2353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (342.9%), 2353's dividend payments are not well covered by cash flows.