Nippon GrandeLtd Dividends and Buybacks
Dividend criteria checks 1/6
Nippon GrandeLtd is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
-1.3%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥13.000 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Does It Make Sense To Buy Nippon Grande Co.,Ltd. (SPSE:2976) For Its Yield?
Apr 29
Here's Why Nippon GrandeLtd (SPSE:2976) Is Weighed Down By Its Debt Load
Mar 25Is Nippon Grande Co.,Ltd. (SPSE:2976) A Smart Choice For Dividend Investors?
Jan 29Nippon GrandeLtd (SPSE:2976) Takes On Some Risk With Its Use Of Debt
Dec 25Should You Rely On Nippon GrandeLtd's (SPSE:2976) Earnings Growth?
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2976 has been paying a dividend for less than 10 years.
Growing Dividend: 2976's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Nippon GrandeLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2976) | 1.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Real Estate) | 2.7% |
| Analyst forecast (2976) (up to 3 years) | n/a |
Notable Dividend: 2976's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 2976's dividend (1.76%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), 2976's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2976 is paying a dividend but the company has no free cash flows.