Nexen Tire Dividends and Buybacks
Dividend criteria checks 3/6
Nexen Tire is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₩115.000 |
| Payout ratio | 8% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A002355 has been paying a dividend for less than 10 years.
Growing Dividend: A002355's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Nexen Tire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A002355) | 1.7% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 3.7% |
| Industry Average (Auto Components) | 2.7% |
| Analyst forecast (A002355) (up to 3 years) | 1.8% |
Notable Dividend: A002355's dividend (1.72%) is higher than the bottom 25% of dividend payers in the KR market (1.18%).
High Dividend: A002355's dividend (1.72%) is low compared to the top 25% of dividend payers in the KR market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.3%), A002355's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), A002355's dividend payments are well covered by cash flows.