Nisshin OilliO GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Nisshin OilliO GroupLtd is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 30th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
3.5%
Dividend yield
-0.002%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 3.5% |
| Next dividend pay date | 30 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥180.000 |
| Payout ratio | 44% |
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 27Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2602) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (2602) (up to 3 years) | 4.3% |
Notable Dividend: 2602's dividend (3.49%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 2602's dividend (3.49%) is low compared to the top 25% of dividend payers in the JP market (3.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:54 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Nisshin OilliO Group,Ltd. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Satoshi Tanaka | Daiwa Securities Co. Ltd. |
| Masao Yoshida | Ichiyoshi Research Institute Inc. |