Nitto Denko Dividends and Buybacks
Dividend criteria checks 5/6
Nitto Denko is a dividend paying company with a current yield of 2.28% that is well covered by earnings.
Key information
2.3%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.365 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NDEK.F's dividends per share have been stable in the past 10 years.
Growing Dividend: NDEK.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nitto Denko Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NDEK.F) | 2.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (NDEK.F) (up to 3 years) | 2.6% |
Notable Dividend: NDEK.F's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NDEK.F's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), NDEK.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.4%), NDEK.F's dividend payments are well covered by cash flows.