NEC Dividend
Dividend criteria checks 3/6
NEC is a dividend paying company with a current yield of 1.03% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.0%
Dividend yield
21%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥561.15 |
| Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Are Investors Undervaluing NEC Corporation (TSE:6701) By 39%?
Jul 11
Here's Why NEC (TSE:6701) Can Manage Its Debt Responsibly
Jun 20Getting In Cheap On NEC Corporation (TSE:6701) Is Unlikely
May 21The Return Trends At NEC (TSE:6701) Look Promising
Apr 25Is NEC Corporation (TSE:6701) Trading At A 30% Discount?
Apr 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6701's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6701's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NEC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6701) | 1.0% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (6701) | 1.4% |
Notable Dividend: 6701's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6701's dividend (1.03%) is low compared to the top 25% of dividend payers in the JP market (3.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.4%), 6701's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.8%), 6701's dividend payments are well covered by cash flows.