Nichirei Dividend
Dividend criteria checks 4/6
Nichirei is a dividend paying company with a current yield of 1.95% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.9%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥82.000 |
| Earnings per share | JP¥203.33 |
| Dividend yield forecast in 3Y | 2.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2871's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2871's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nichirei Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2871) | 1.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Food) | 2.5% |
| Analyst forecast in 3 Years (2871) | 2.3% |
Notable Dividend: 2871's dividend (1.95%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2871's dividend (1.95%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 2871's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), 2871's dividend payments are well covered by cash flows.