New Japan Chemical Dividend
Dividend criteria checks 3/6
New Japan Chemical is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
78%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -JP¥7.83 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4406 has been paying a dividend for less than 10 years.
Growing Dividend: 4406's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
New Japan Chemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4406) | 3.0% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (4406) | n/a |
Notable Dividend: 4406's dividend (2.98%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 4406's dividend (2.98%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.3%), 4406's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), 4406's dividend payments are thoroughly covered by cash flows.