Nagaoka International Dividend
Dividend criteria checks 2/6
Nagaoka International is a dividend paying company with a current yield of 1.31% that is well covered by earnings. Next payment date is on 29th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.3%
Dividend yield
15%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 29 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥164.30 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Nagaoka International (TSE:6239) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Apr 25
Nagaoka International (TSE:6239) Is Increasing Its Dividend To ¥30.00
Mar 29Nagaoka International's (TSE:6239) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 14Recent updates
Nagaoka International (TSE:6239) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Apr 25Nagaoka International (TSE:6239) Could Become A Multi-Bagger
Apr 23The Market Lifts Nagaoka International Corporation (TSE:6239) Shares 26% But It Can Do More
Apr 01Nagaoka International (TSE:6239) Is Increasing Its Dividend To ¥30.00
Mar 29Nagaoka International's (TSE:6239) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6239 has been paying a dividend for less than 10 years.
Growing Dividend: 6239's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Nagaoka International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6239) | 1.3% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Energy Services) | 2.7% |
| Analyst forecast in 3 Years (6239) | n/a |
Notable Dividend: 6239's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 6239's dividend (1.31%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.1%), 6239's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.8%), 6239's dividend payments are thoroughly covered by cash flows.