Nippon GrandeLtd Dividend
Dividend criteria checks 2/6
Nippon GrandeLtd is a dividend paying company with a current yield of 1.74% that is well covered by earnings.
Key information
1.7%
Dividend yield
13%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥35.72 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Does It Make Sense To Buy Nippon Grande Co.,Ltd. (SPSE:2976) For Its Yield?
Apr 29Here'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) | 1.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Real Estate) | 2.4% |
Analyst forecast in 3 Years (2976) | n/a |
Notable Dividend: 2976's dividend (1.74%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).
High Dividend: 2976's dividend (1.74%) is low compared to the top 25% of dividend payers in the JP market (3.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), 2976's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2976 is paying a dividend but the company has no free cash flows.