Naigai Trans Line Dividend
Dividend criteria checks 4/6
Naigai Trans Line is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.4%
Dividend yield
27%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥311.78 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9384's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9384's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Naigai Trans Line Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9384) | 3.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Shipping) | 3.4% |
Analyst forecast in 3 Years (9384) | n/a |
Notable Dividend: 9384's dividend (3.36%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9384's dividend (3.36%) is in the top 25% of dividend payers in the JP market (3.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 9384's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (541.9%), 9384's dividend payments are not well covered by cash flows.