Nissan Chemical Dividend
Dividend criteria checks 4/6
Nissan Chemical is a dividend paying company with a current yield of 3.48% 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
3.5%
Dividend yield
60%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥164.000 |
Earnings per share | JP¥275.99 |
Dividend yield forecast in 3Y | 4.0% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4021's dividends per share have been stable in the past 10 years.
Growing Dividend: 4021's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nissan Chemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4021) | 3.5% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (4021) | 4.0% |
Notable Dividend: 4021's dividend (3.48%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 4021's dividend (3.48%) is low compared to the top 25% of dividend payers in the JP market (3.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), 4021's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (167.1%), 4021's dividend payments are not well covered by cash flows.