Nittetsu Mining Dividend
Dividend criteria checks 4/6
Nittetsu Mining is a dividend paying company with a current yield of 3.82% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
33%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | 27 Nov 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥161.000 |
Earnings per share | JP¥510.76 |
Dividend yield forecast | n/a |
Recent dividend updates
Nittetsu Mining (TSE:1515) Will Pay A Smaller Dividend Than Last Year
Aug 21Nittetsu Mining's (TSE:1515) Dividend Will Be Reduced To ¥80.00
Jul 25Nittetsu Mining (TSE:1515) Is Reducing Its Dividend To ¥80.00
Jul 11Nittetsu Mining (TSE:1515) Is Due To Pay A Dividend Of ¥85.00
Mar 12Recent updates
Nittetsu Mining (TSE:1515) Will Pay A Smaller Dividend Than Last Year
Aug 21Not Many Are Piling Into Nittetsu Mining Co., Ltd. (TSE:1515) Stock Yet As It Plummets 28%
Aug 06Nittetsu Mining's (TSE:1515) Dividend Will Be Reduced To ¥80.00
Jul 25Nittetsu Mining (TSE:1515) Is Reducing Its Dividend To ¥80.00
Jul 11Investors Aren't Entirely Convinced By Nittetsu Mining Co., Ltd.'s (TSE:1515) Earnings
May 22Nittetsu Mining (TSE:1515) Is Due To Pay A Dividend Of ¥85.00
Mar 12Nittetsu Mining (TSE:1515) Is Due To Pay A Dividend Of ¥85.00
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1515's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1515's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nittetsu Mining Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (1515) | 3.8% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Metals and Mining) | 4.2% |
Analyst forecast (1515) (up to 3 years) | n/a |
Notable Dividend: 1515's dividend (3.82%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 1515's dividend (3.82%) is in the top 25% of dividend payers in the JP market (3.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), 1515's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105.8%), 1515's dividend payments are not well covered by cash flows.