NIPPON PARKING DEVELOPMENTLtd Dividend
Dividend criteria checks 4/6
NIPPON PARKING DEVELOPMENTLtd is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
38%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | JP¥7.000 |
Earnings per share | JP¥16.07 |
Dividend yield forecast | n/a |
Recent dividend updates
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) | 3.0% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Commercial Services) | 2.1% |
Analyst forecast (2353) (up to 3 years) | n/a |
Notable Dividend: 2353's dividend (3%) is higher than the bottom 25% of dividend payers in the JP market (1.87%).
High Dividend: 2353's dividend (3%) is low compared to the top 25% of dividend payers in the JP market (3.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), 2353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (342.6%), 2353's dividend payments are not well covered by cash flows.