Nissin Dividends and Buybacks
Dividend criteria checks 5/6
Nissin is a dividend paying company with a current yield of 4.64% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.6%
Dividend yield
23.9%
Buyback Yield
| Total Shareholder Yield | 28.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.8% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥200.000 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Nissin (TSE:9066) Will Pay A Larger Dividend Than Last Year At ¥100.00
Sep 20
Nissin's (TSE:9066) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 26Nissin's (TSE:9066) Dividend Will Be Increased To ¥100.00
Jul 11Recent updates
There May Be Underlying Issues With The Quality Of Nissin's (TSE:9066) Earnings
Nov 19Nissin (TSE:9066) Will Pay A Larger Dividend Than Last Year At ¥100.00
Sep 20Nissin (TSE:9066) Has Some Way To Go To Become A Multi-Bagger
Aug 13Nissin's (TSE:9066) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 26Nissin's (TSE:9066) Dividend Will Be Increased To ¥100.00
Jul 11Earnings Troubles May Signal Larger Issues for Nissin (TSE:9066) Shareholders
May 21Further Upside For Nissin Corporation (TSE:9066) Shares Could Introduce Price Risks After 44% Bounce
May 14Nissin (TSE:9066) Has Announced That It Will Be Increasing Its Dividend To ¥60.00
Mar 28Nissin (TSE:9066) Is Increasing Its Dividend To ¥60.00
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9066's dividends per share have been stable in the past 10 years.
Growing Dividend: 9066's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nissin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9066) | 4.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Infrastructure) | 2.6% |
| Analyst forecast (9066) (up to 3 years) | n/a |
Notable Dividend: 9066's dividend (4.64%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9066's dividend (4.64%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.1%), 9066's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.1%), 9066's dividend payments are not well covered by cash flows.