Nippon Yakin Kogyo Dividend
Dividend criteria checks 4/6
Nippon Yakin Kogyo is a dividend paying company with a current yield of 4.35% that is well covered by earnings.
Key information
4.4%
Dividend yield
23%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥200.000 |
| Earnings per share | JP¥886.63 |
| Dividend yield forecast | 4.4% |
Recent dividend 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 8 years.
Dividend Yield vs Market
| Nippon Yakin Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5480) | 4.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.1% |
| Analyst forecast (5480) (up to 3 years) | 4.4% |
Notable Dividend: 5480's dividend (4.35%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5480's dividend (4.35%) is in the top 25% of dividend payers in the JP market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 5480's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), 5480's dividend payments are well covered by cash flows.