NOF Dividends and Buybacks
Dividend criteria checks 4/6
NOF is a dividend paying company with a current yield of 1.63% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.6%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 0.04% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 25% |
Recent dividend and buyback updates
NOF (TSE:4403) Has Announced A Dividend Of ¥56.00
Mar 26
NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00
Mar 11Recent updates
NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value Estimate
Nov 08These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably Well
Oct 24Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%
Sep 04Returns At NOF (TSE:4403) Appear To Be Weighed Down
Aug 27Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)
Jul 05Is NOF Corporation (TSE:4403) Trading At A 39% Discount?
Jun 20NOF (TSE:4403) Seems To Use Debt Rather Sparingly
Apr 11NOF (TSE:4403) Has Announced A Dividend Of ¥56.00
Mar 26NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00
Mar 11NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4403's dividends per share have been stable in the past 10 years.
Growing Dividend: 4403's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NOF Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4403) | 1.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.3% |
| Analyst forecast (4403) (up to 3 years) | 2.0% |
Notable Dividend: 4403's dividend (1.63%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 4403's dividend (1.63%) is low compared to the top 25% of dividend payers in the JP market (3.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.3%), 4403's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.9%), 4403's dividend payments are covered by cash flows.