Ad-Sol Nissin Dividend
Dividend criteria checks 3/6
Ad-Sol Nissin is a dividend paying company with a current yield of 2.63% that is well covered by earnings.
Key information
2.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥105.32 |
| Dividend yield forecast in 3Y | 2.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3837 has been paying a dividend for less than 10 years.
Growing Dividend: 3837's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ad-Sol Nissin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3837) | 2.6% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (3837) | 2.6% |
Notable Dividend: 3837's dividend (2.63%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 3837's dividend (2.63%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 3837's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.1%), 3837's dividend payments are covered by cash flows.