Nitta Gelatin Dividend
Dividend criteria checks 3/6
Nitta Gelatin is a dividend paying company with a current yield of 2.03%. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
-20%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥18.000 |
| Earnings per share | -JP¥81.61 |
| Dividend yield forecast in 3Y | 2.4% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4977) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Chemicals) | 2.3% |
| Analyst forecast in 3 Years (4977) | 2.4% |
Notable Dividend: 4977's dividend (2.03%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4977's dividend (2.03%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
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.