Nittetsu Mining Dividend
Dividend criteria checks 4/6
Nittetsu Mining is a dividend paying company with a current yield of 3.52% 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
3.5%
Dividend yield
36%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 27 Nov 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥161.000 |
Earnings per share | JP¥396.85 |
Dividend yield forecast in 3Y | n/a |
Upcoming 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 |
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Segment | Dividend Yield |
---|---|
Company (1515) | 3.5% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Metals and Mining) | 4.0% |
Analyst forecast in 3 Years (1515) | n/a |
Notable Dividend: 1515's dividend (3.52%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 1515's dividend (3.52%) is in the top 25% of dividend payers in the JP market (3.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 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.