NEC Networks & System Integration Dividend
Dividend criteria checks 5/6
NEC Networks & System Integration is a dividend paying company with a current yield of 2.1% 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
2.1%
Dividend yield
44%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥56.000 |
Earnings per share | JP¥111.87 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
NEC Networks & System Integration (TSE:1973) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Jul 25NEC Networks & System Integration's (TSE:1973) Dividend Will Be Increased To ¥28.00
Jul 11NEC Networks & System Integration (TSE:1973) Will Pay A Dividend Of ¥24.50
Mar 02Recent updates
NEC Networks & System Integration (TSE:1973) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Jul 25NEC 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 |
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Segment | Dividend Yield |
---|---|
Company (1973) | 2.1% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (IT) | 1.5% |
Analyst forecast in 3 Years (1973) | 2.4% |
Notable Dividend: 1973's dividend (2.1%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 1973's dividend (2.1%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.8%), 1973's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51%), 1973's dividend payments are covered by cash flows.