Nisshin OilliO GroupLtd Dividend
Dividend criteria checks 5/6
Nisshin OilliO GroupLtd is a dividend paying company with a current yield of 3.79% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥180.000 |
| Earnings per share | JP¥470.06 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00
Mar 22
Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00
Feb 27Recent updates
Returns 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) | 3.8% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Food) | 2.5% |
| Analyst forecast in 3 Years (2602) | 4.4% |
Notable Dividend: 2602's dividend (3.79%) is higher than the bottom 25% of dividend payers in the JP market (1.93%).
High Dividend: 2602's dividend (3.79%) is low compared to the top 25% of dividend payers in the JP market (3.89%).
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 reasonable cash payout ratio (50.1%), 2602's dividend payments are covered by cash flows.