Nihon Seikan k.k Dividend
Dividend criteria checks 3/6
Nihon Seikan k.k is a dividend paying company with a current yield of 3.6% that is well covered by earnings.
Key information
3.6%
Dividend yield
29%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥244.85 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 5905 has been paying a dividend for less than 10 years.
Growing Dividend: 5905's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Nihon Seikan k.k Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5905) | 3.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Packaging) | 2.8% |
Analyst forecast in 3 Years (5905) | n/a |
Notable Dividend: 5905's dividend (3.6%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 5905's dividend (3.6%) is in the top 25% of dividend payers in the JP market (3.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 5905's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (123.3%), 5905's dividend payments are not well covered by cash flows.