Nippon Steel Dividend
Dividend criteria checks 5/6
Nippon Steel is a dividend paying company with a current yield of 5.05% 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
5.0%
Dividend yield
28%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥160.000 |
| Earnings per share | JP¥559.83 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Aug 08
Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Jul 25Nippon Steel (TSE:5401) Will Pay A Dividend Of ¥80.00
Jul 11Nippon Steel's (TSE:5401) Dividend Will Be ¥85.00
Feb 26Recent updates
Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Aug 08Results: Nippon Steel Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 04Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Jul 25Nippon Steel (TSE:5401) Will Pay A Dividend Of ¥80.00
Jul 11We Think Nippon Steel (TSE:5401) Is Taking Some Risk With Its Debt
Jun 11Nippon Steel's (TSE:5401) Soft Earnings Don't Show The Whole Picture
May 21Nippon Steel Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 12Nippon Steel (TSE:5401) Is Experiencing Growth In Returns On Capital
Apr 29Investors Aren't Buying Nippon Steel Corporation's (TSE:5401) Earnings
Apr 11Nippon Steel's (TSE:5401) Dividend Will Be ¥85.00
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5401's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5401's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nippon Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5401) | 5.0% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Metals and Mining) | 4.5% |
| Analyst forecast in 3 Years (5401) | 6.2% |
Notable Dividend: 5401's dividend (5.05%) is higher than the bottom 25% of dividend payers in the JP market (1.94%).
High Dividend: 5401's dividend (5.05%) is in the top 25% of dividend payers in the JP market (3.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), 5401's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.8%), 5401's dividend payments are well covered by cash flows.