Nitto Kogyo Dividends and Buybacks
Dividend criteria checks 4/6
Nitto Kogyo is a dividend paying company with a current yield of 5.15% that is well covered by earnings.
Key information
5.2%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 8.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NELE.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: NELE.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nitto Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NELE.F) | 5.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Electrical) | 1.0% |
| Analyst forecast (NELE.F) (up to 3 years) | 5.2% |
Notable Dividend: NELE.F's dividend (5.15%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: NELE.F's dividend (5.15%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), NELE.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NELE.F is paying a dividend but the company has no free cash flows.