Nippon Light Metal Holdings Company Dividend
Dividend criteria checks 5/6
Nippon Light Metal Holdings Company is a dividend paying company with a current yield of 4.11% 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
4.1%
Dividend yield
34%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥70.000 |
Earnings per share | JP¥145.89 |
Dividend yield forecast in 3Y | 4.6% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5703's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5703's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Light Metal Holdings Company Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5703) | 4.1% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Metals and Mining) | 4.0% |
Analyst forecast in 3 Years (5703) | 4.6% |
Notable Dividend: 5703's dividend (4.11%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 5703's dividend (4.11%) is in the top 25% of dividend payers in the JP market (3.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), 5703's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.7%), 5703's dividend payments are well covered by cash flows.