Nissin ShojiLtd Dividend
Dividend criteria checks 2/6
Nissin ShojiLtd is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
68%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥43.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent 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 not increased over the past 10 years.
Dividend Yield vs Market
Nissin ShojiLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7490) | 2.0% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Oil and Gas) | 3.1% |
Analyst forecast in 3 Years (7490) | n/a |
Notable Dividend: 7490's dividend (2.01%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 7490's dividend (2.01%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.4%), 7490's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7490 is paying a dividend but the company has no free cash flows.