Nippon Gas Dividend
Dividend criteria checks 5/6
Nippon Gas is a dividend paying company with a current yield of 3.82% that is well covered by earnings. Next payment date is on 18th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
61%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 18 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥97.09 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥46.25
Jul 11
Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥37.50
Mar 14Recent updates
Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥46.25
Jul 11Nippon Gas' (TSE:8174) Earnings Offer More Than Meets The Eye
May 07Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With Earnings
Apr 17Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥37.50
Mar 14Is Nippon Gas (TSE:8174) Using Too Much Debt?
Mar 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8174's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8174's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nippon Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8174) | 3.8% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Gas Utilities) | 2.4% |
| Analyst forecast in 3 Years (8174) | 5.0% |
Notable Dividend: 8174's dividend (3.82%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 8174's dividend (3.82%) is in the top 25% of dividend payers in the JP market (3.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), 8174's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.8%), 8174's dividend payments are covered by cash flows.