Nihon DenkeiLtd Dividend
Dividend criteria checks 5/6
Nihon DenkeiLtd is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
29%
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¥278.21 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9908's dividends per share have been stable in the past 10 years.
Growing Dividend: 9908's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nihon DenkeiLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9908) | 3.5% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (9908) | n/a |
Notable Dividend: 9908's dividend (3.49%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9908's dividend (3.49%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 9908's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9908 is paying a dividend but the company has no free cash flows.