Nitta Corporation (5186) Dividends

Market cap
¥138.3B
P/E ratio
11.4x
Nitta manufactures industrial products including conveyor belts, rubber products, hoses, and chemical materials for businesses worldwide.

Latest Dividend per Share Forecast

145.00JPY

Dividend Grower

If you buy 100 shares of Nitta Corporation, the expected annual dividend is 14,500 JPY.

Dividend Yield
3.1%
Payout Ratio
35.0%

Dividend Policy

<p>Our basic dividend policy is to distribute profits appropriately in line with business performance. We pay dividends twice a year—at the end of the fiscal year and mid-year. Through the fiscal year ending March 2028, we aim for a consolidated dividend payout ratio of 30% or higher and a dividend on equity (DOE) of 2.5% or higher, while continuing to increase dividends by at least 10 yen per share annually. We reinvest retained earnings in research and development, new business investments and financing, and the expansion and rationalization of manufacturing facilities.</p>

Dividend per Share

Payout Ratio

Dividend Yield

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Dividend History (Forecasts, Revisions, Actuals)

Fiscal YearTypeInterimYear-EndTotalPayout Ratio
FY2026Forecast(2025/05/09)727314535.0%
FY2025Actual(2025/05/09)667414032.1%
Revision(2025/03/07)6674140-
Forecast(2024/05/10)666613236.8%
FY2024Actual(2024/05/10)556712234.5%
Revision(2023/11/02)5565120-
Forecast(2023/05/12)555511030.8%
FY2023Actual(2023/05/12)506011028.4%
Forecast(2022/05/13)505010028.3%
FY2022Actual(2022/05/13)356510027.0%
Revision(2022/04/28)356585-
Revision(2021/11/05)355085-
Revision(2021/11/01)355070-
Forecast(2021/05/14)35357030.0%
FY2021Actual(2021/05/14)30407042.5%
Revision(2021/02/05)303565-
Forecast(2020/11/06)303060-
FY2020Actual(2020/11/06)353570-
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