Nichicon Dividends and Buybacks
Dividend criteria checks 4/6
Nichicon is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
0.001%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 3.1% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥34.000 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Nichicon (TSE:6996)
Nov 13
Nichicon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 10Return Trends At Nichicon (TSE:6996) Aren't Appealing
Nov 07Nichicon Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
Aug 09Lacklustre Performance Is Driving Nichicon Corporation's (TSE:6996) 25% Price Drop
Aug 05Nichicon Corporation Just Missed Earnings - But Analysts Have Updated Their Models
May 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6996's dividends per share have been stable in the past 10 years.
Growing Dividend: 6996's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nichicon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6996) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (6996) (up to 3 years) | 3.4% |
Notable Dividend: 6996's dividend (3.13%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6996's dividend (3.13%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 6996's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (353%), 6996's dividend payments are not well covered by cash flows.