Nippon Shokubai Dividend
Dividend criteria checks 6/6
Nippon Shokubai is a dividend paying company with a current yield of 4.62% 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
4.6%
Dividend yield
64%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥70.000 |
| Earnings per share | JP¥71.55 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
An Intrinsic Calculation For Nippon Shokubai Co., Ltd. (TSE:4114) Suggests It's 20% Undervalued
Aug 06
There May Be Reason For Hope In Nippon Shokubai's (TSE:4114) Disappointing Earnings
Jun 27The Price Is Right For Nippon Shokubai Co., Ltd. (TSE:4114)
May 31Here's Why Nippon Shokubai (TSE:4114) Can Manage Its Debt Responsibly
Apr 11Nippon Shokubai (TSE:4114) Has Affirmed Its Dividend Of ¥90.00
Mar 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4114's dividends per share have been stable in the past 10 years.
Growing Dividend: 4114's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nippon Shokubai Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4114) | 4.6% |
| Market Bottom 25% (JP) | 2.1% |
| Market Top 25% (JP) | 4.3% |
| Industry Average (Chemicals) | 2.8% |
| Analyst forecast in 3 Years (4114) | 6.6% |
Notable Dividend: 4114's dividend (4.62%) is higher than the bottom 25% of dividend payers in the JP market (2.1%).
High Dividend: 4114's dividend (4.62%) is in the top 25% of dividend payers in the JP market (4.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), 4114's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.9%), 4114's dividend payments are well covered by cash flows.