Nisshin OilliO GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Nisshin OilliO GroupLtd is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.6%
Dividend yield
-0.002%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 3.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥180.000 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00
Sep 27
Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00
Aug 27Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00
Aug 13Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00
Mar 22Recent updates
Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00
Sep 27Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00
Aug 27Nisshin OilliO GroupLtd's (TSE:2602) Profits Appear To Have Quality Issues
Aug 16Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00
Aug 13Returns On Capital At Nisshin OilliO GroupLtd (TSE:2602) Have Stalled
Aug 02The Nisshin OilliO Group,Ltd.'s (TSE:2602) Intrinsic Value Is Potentially 55% Above Its Share Price
Jul 18Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00
Mar 22An Intrinsic Calculation For The Nisshin OilliO Group,Ltd. (TSE:2602) Suggests It's 44% Undervalued
Mar 14Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2602's dividends per share have been stable in the past 10 years.
Growing Dividend: 2602's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nisshin OilliO GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2602) | 3.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (2602) (up to 3 years) | 4.4% |
Notable Dividend: 2602's dividend (3.56%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 2602's dividend (3.56%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 2602's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (468%), 2602's dividend payments are not well covered by cash flows.