NEC Networks & System Integration Dividend
Dividend criteria checks 5/6
NEC Networks & System Integration is a dividend paying company with a current yield of 2.25% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.2%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥102.90 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
NEC Networks & System Integration's (TSE:1973) Dividend Will Be Increased To ¥28.00
Jul 11
NEC Networks & System Integration (TSE:1973) Will Pay A Dividend Of ¥24.50
Mar 02Recent updates
NEC Networks & System Integration's (TSE:1973) Dividend Will Be Increased To ¥28.00
Jul 11Is NEC Networks & System Integration (TSE:1973) A Risky Investment?
Jun 13NEC Networks & System Integration Corporation (TSE:1973) Not Flying Under The Radar
May 21We Like These Underlying Return On Capital Trends At NEC Networks & System Integration (TSE:1973)
Apr 09NEC Networks & System Integration (TSE:1973) Will Pay A Dividend Of ¥24.50
Mar 02These 4 Measures Indicate That NEC Networks & System Integration (TSE:1973) Is Using Debt Reasonably Well
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1973's dividends per share have been stable in the past 10 years.
Growing Dividend: 1973's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NEC Networks & System Integration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1973) | 2.2% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (1973) | 2.6% |
Notable Dividend: 1973's dividend (2.25%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 1973's dividend (2.25%) is low compared to the top 25% of dividend payers in the JP market (3.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), 1973's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.6%), 1973's dividend payments are covered by cash flows.