Nissin ShojiLtd Dividends and Buybacks
Dividend criteria checks 3/6
Nissin ShojiLtd is a dividend paying company with a current yield of 2.38%. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.3% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥21.000 |
| Payout ratio | 297% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7490's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7490's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nissin ShojiLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7490) | 2.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (7490) (up to 3 years) | n/a |
Notable Dividend: 7490's dividend (2.38%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7490's dividend (2.38%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (296.7%), 7490's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.3%), 7490's dividend payments are covered by cash flows.