NIKKON HoldingsLtd Dividend
Dividend criteria checks 3/6
NIKKON HoldingsLtd is a dividend paying company with a current yield of 2.91% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
39%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥109.000 |
| Earnings per share | JP¥269.80 |
| Dividend yield forecast in 3Y | 3.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9072's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9072's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NIKKON HoldingsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9072) | 2.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Transportation) | 1.6% |
| Analyst forecast in 3 Years (9072) | 3.5% |
Notable Dividend: 9072's dividend (2.91%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9072's dividend (2.91%) is low compared to the top 25% of dividend payers in the JP market (3.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), 9072's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.4%), 9072's dividend payments are not well covered by cash flows.