Nitta Gelatin Dividend
Dividend criteria checks 3/6
Nitta Gelatin is a dividend paying company with a current yield of 2.74%. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
-16%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 05 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥18.000 |
Earnings per share | -JP¥101.87 |
Dividend yield forecast in 3Y | 3.2% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4977's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4977's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nitta Gelatin Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4977) | 2.7% |
Market Bottom 25% (JP) | 2.1% |
Market Top 25% (JP) | 4.3% |
Industry Average (Chemicals) | 2.8% |
Analyst forecast in 3 Years (4977) | 3.2% |
Notable Dividend: 4977's dividend (2.74%) is higher than the bottom 25% of dividend payers in the JP market (2.1%).
High Dividend: 4977's dividend (2.74%) is low compared to the top 25% of dividend payers in the JP market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: 4977 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.4%), 4977's dividend payments are thoroughly covered by cash flows.