Nippon Ski Resort Development Co.,Ltd.

TSE:6040 Stock Report

Market Cap: JP¥16.2b

Nippon Ski Resort DevelopmentLtd Dividend

Dividend criteria checks 0/6

Nippon Ski Resort DevelopmentLtd is a dividend paying company with a current yield of 0.65%. Next payment date is on 23rd October, 2024 with an ex-dividend date of 30th July, 2024.

Key information

0.7%

Dividend yield

10%

Payout ratio

Industry average yield0.6%
Next dividend pay date23 Oct 24
Ex dividend date30 Jul 24
Dividend per sharen/a
Earnings per shareJP¥68.86
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Nippon Ski Resort DevelopmentLtd's (TSE:6040) Earnings Are Of Questionable Quality

Mar 15
Nippon Ski Resort DevelopmentLtd's (TSE:6040) Earnings Are Of Questionable Quality

Upcoming Dividend Payment

TodayMay 02 2024Ex Dividend DateJul 30 2024Dividend Pay DateOct 23 202485 days from Ex DividendBuy in the next 88 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 6040 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 6040 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Nippon Ski Resort DevelopmentLtd Dividend Yield vs Market
How does 6040 dividend yield compare to the market?
SegmentDividend Yield
Company (6040)0.7%
Market Bottom 25% (JP)1.6%
Market Top 25% (JP)3.2%
Industry Average (Hospitality)0.6%
Analyst forecast in 3 Years (6040)n/a

Notable Dividend: 6040's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).

High Dividend: 6040's dividend (0.65%) is low compared to the top 25% of dividend payers in the JP market (3.22%).


Earnings Payout to Shareholders

Earnings Coverage: 6040 is not paying a notable dividend for the JP market.


Cash Payout to Shareholders

Cash Flow Coverage: 6040 is paying a dividend but the company has no free cash flows.


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