Nitto Denko Dividends and Buybacks
Dividend criteria checks 4/6
Nitto Denko is a dividend paying company with a current yield of 1.64% that is well covered by earnings. Next payment date is on 1st December, 2025 with an ex-dividend date of 29th September, 2025.
Key information
1.6%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 8.2% |
| Next dividend pay date | 01 Dec 25 |
| Ex dividend date | 29 Sep 25 |
| Dividend per share | n/a |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Calculating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)
Sep 09
Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next
Jul 30We Think Nitto Denko (TSE:6988) Can Manage Its Debt With Ease
Jul 09Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly Report
Jun 23There's Been No Shortage Of Growth Recently For Nitto Denko's (TSE:6988) Returns On Capital
Jun 13Nitto Denko Corporation's (TSE:6988) Intrinsic Value Is Potentially 25% Above Its Share Price
May 29Nitto Denko Corporation's (TSE:6988) Shares May Have Run Too Fast Too Soon
May 13Is Nitto Denko (TSE:6988) A Risky Investment?
Mar 17We Like These Underlying Return On Capital Trends At Nitto Denko (TSE:6988)
Mar 01Calculating The Fair Value Of Nitto Denko Corporation (TSE:6988)
Feb 14Nitto Denko Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Jan 29These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely
Dec 16Investor Optimism Abounds Nitto Denko Corporation (TSE:6988) But Growth Is Lacking
Nov 30Nitto Denko (TSE:6988) Is Experiencing Growth In Returns On Capital
Nov 15Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 30Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)
Oct 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6988's dividends per share have been stable in the past 10 years.
Growing Dividend: 6988's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nitto Denko Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6988) | 1.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Chemicals) | 2.6% |
| Analyst forecast (6988) (up to 3 years) | 2.0% |
Notable Dividend: 6988's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.76%).
High Dividend: 6988's dividend (1.64%) is low compared to the top 25% of dividend payers in the JP market (3.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 6988's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), 6988's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/04 02:04 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nitto Denko Corporation is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Chang | Aletheia Analyst Network Limited |
| Warren Lau | Aletheia Analyst Network Limited |
| Mikiya Yamada | Barclays |