Nisshin OilliO GroupLtd Dividend
Dividend criteria checks 6/6
Nisshin OilliO GroupLtd is a dividend paying company with a current yield of 3.67% that is well covered by earnings.
Key information
3.7%
Dividend yield
36%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥467.35 |
Dividend yield forecast in 3Y | 4.1% |
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (2602) | 3.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Food) | 1.8% |
Analyst forecast in 3 Years (2602) | 4.1% |
Notable Dividend: 2602's dividend (3.67%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).
High Dividend: 2602's dividend (3.67%) is in the top 25% of dividend payers in the JP market (3.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 2602's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.6%), 2602's dividend payments are well covered by cash flows.