Nippon Yakin Kogyo Dividends and Buybacks
Dividend criteria checks 4/6
Nippon Yakin Kogyo is a dividend paying company with a current yield of 5.01% 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
6.9%
Buyback Yield
| Total Shareholder Yield | 11.9% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 17.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥200.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5480 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5480's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Nippon Yakin Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5480) | 5.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.4% |
| Analyst forecast (5480) (up to 3 years) | 5.0% |
Notable Dividend: 5480's dividend (5.01%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5480's dividend (5.01%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 5480's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), 5480's dividend payments are well covered by cash flows.