Nippon Gas Dividend
Dividend criteria checks 4/6
Nippon Gas is a dividend paying company with a current yield of 3.83% that is well covered by earnings.
Key information
3.8%
Dividend yield
78%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$97.09 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NPNG.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: NPNG.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nippon Gas Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NPNG.Y) | 3.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Gas Utilities) | 3.9% |
Analyst forecast in 3 Years (NPNG.Y) | 4.8% |
Notable Dividend: NPNG.Y's dividend (3.83%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: NPNG.Y's dividend (3.83%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.4%), NPNG.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.2%), NPNG.Y's dividend payments are covered by cash flows.