
Nitori Holdings Co., Ltd.
NCLTFConsumer Cyclical · Stock · semiannual payer
$18.23
Add to PortfolioForward Yield
1.18%
Annual Dividend
$0.20
Payout Ratio
20%
5-Yr Growth
-0.3%
Ex-Date
Sep 29, 2026
Frequency
Semiannual
NCLTF Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage20% of earnings paid out
Balance-sheet strengthDebt/equity of 0.16
Yield vs its historyYield is 6.2× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NCLTF a good dividend stock?
MixedNitori Holdings Co., Ltd. (NCLTF) pays a semiannual dividend yielding 1.18% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (20%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.18%
- Payout Ratio
- 20%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- -0.3%
- Ex-Dividend Date
- Sep 29, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.90
- Market Cap
- $10.3B
- P/E Ratio
- 18.4
- 5-Yr Total Return
- -90%
- 52-Week Range
- $13.25 – $105.42
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 29, 2025 | — | $0.1030 | regular |
| Mar 28, 2025 | — | $0.1006 | regular |
| Sep 27, 2024 | — | $0.1050 | regular |
| Mar 28, 2024 | — | $0.0992 | regular |
| Sep 28, 2023 | — | $0.1002 | regular |
| Mar 30, 2023 | — | $0.1114 | regular |
| Aug 18, 2022 | — | $0.1080 | regular |
| Feb 17, 2022 | — | $0.1212 | regular |
| Aug 19, 2021 | — | $0.1276 | regular |
| Feb 18, 2021 | — | $0.1096 | regular |
| Aug 19, 2020 | — | $0.1082 | regular |
| Feb 19, 2020 | — | $0.0982 | regular |
| Aug 19, 2019 | — | $0.1016 | regular |
| Feb 19, 2019 | — | $0.0906 | regular |
Income Calculator
At $0.20 / yr per share
Per payment (semiannual)$10.00
Annual$20.00
Monthly avg$1.67




