Nakayama Steel Works Dividend
Dividend criteria checks 3/6
Nakayama Steel Works is a dividend paying company with a current yield of 4.85% 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
4.9%
Dividend yield
35%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥40.000 |
Earnings per share | JP¥142.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5408's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Nakayama Steel Works Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5408) | 4.9% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Metals and Mining) | 4.4% |
Analyst forecast in 3 Years (5408) | n/a |
Notable Dividend: 5408's dividend (4.85%) is higher than the bottom 25% of dividend payers in the JP market (1.93%).
High Dividend: 5408's dividend (4.85%) is in the top 25% of dividend payers in the JP market (3.89%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 5408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.8%), 5408's dividend payments are not well covered by cash flows.