Nissin Foods HoldingsLtd Dividend
Dividend criteria checks 3/6
Nissin Foods HoldingsLtd is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
67%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥179.10 |
Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2897's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2897's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nissin Foods HoldingsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2897) | 1.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Food) | 2.6% |
Analyst forecast in 3 Years (2897) | 2.0% |
Notable Dividend: 2897's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 2897's dividend (1.71%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), 2897's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), 2897's dividend payments are covered by cash flows.