Nitto Denko Dividend
Dividend criteria checks 5/6
Nitto Denko is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
36%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥725.92 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥130.00
Mar 14Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥130.00
Feb 26Recent updates
Is Nitto Denko (TSE:6988) Using Too Much Debt?
Apr 21A Look At The Fair Value Of Nitto Denko Corporation (TSE:6988)
Apr 07Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥130.00
Mar 14When Should You Buy Nitto Denko Corporation (TSE:6988)?
Mar 10Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥130.00
Feb 26Stability 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) | 2.2% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (6988) | 2.5% |
Notable Dividend: 6988's dividend (2.18%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6988's dividend (2.18%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), 6988's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.1%), 6988's dividend payments are well covered by cash flows.