Nippon Concrete Industries Dividend
Dividend criteria checks 4/6
Nippon Concrete Industries is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
62%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥10.50 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5269's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5269's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Concrete Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5269) | 3.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Basic Materials) | 2.4% |
Analyst forecast in 3 Years (5269) | 1.7% |
Notable Dividend: 5269's dividend (3.13%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5269's dividend (3.13%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), 5269's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.1%), 5269's dividend payments are well covered by cash flows.