Nippon Yusen Kabushiki Kaisha Dividend
Dividend criteria checks 4/6
Nippon Yusen Kabushiki Kaisha is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 28th March, 2024.
Key information
3.1%
Dividend yield
47%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | 24 Jun 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥535.18 |
Dividend yield forecast in 3Y | 3.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9101's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9101's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Yusen Kabushiki Kaisha Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9101) | 3.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Shipping) | 5.0% |
Analyst forecast in 3 Years (9101) | 3.2% |
Notable Dividend: 9101's dividend (3.13%) is higher than the bottom 25% of dividend payers in the JP market (1.57%).
High Dividend: 9101's dividend (3.13%) is low compared to the top 25% of dividend payers in the JP market (3.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), 9101's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.3%), 9101's dividend payments are thoroughly covered by cash flows.