Nissin Dividend
Dividend criteria checks 5/6
Nissin is a dividend paying company with a current yield of 2.69% that is well covered by earnings.
Key information
2.7%
Dividend yield
25%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥594.07 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Nissin (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 12Recent updates
Earnings 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) | 2.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Infrastructure) | 2.3% |
Analyst forecast in 3 Years (9066) | n/a |
Notable Dividend: 9066's dividend (2.69%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).
High Dividend: 9066's dividend (2.69%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), 9066's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), 9066's dividend payments are well covered by cash flows.