
Nitto Denko (NDEKF) Dividend
Nitto Denko Corporation · Basic Materials · Specialty Chemicals · semiannual payer
As of Nov 5, 2026, Nitto Denko (NDEKF) pays a twice-yearly dividend, or $0.45 a year, a 1.96% yield at its $23.20 share price. The next ex-dividend date is Mar 30, 2027, paid Apr 13, 2027. It has raised its dividend 3 years in a row and has a dividend safety grade of B.
Forward Yield
1.96%
Annual Dividend
$0.45
Payout Ratio
31%
5-Yr Growth
0.6%
Ex-Date
Mar 30, 2027
Frequency
Semiannual
Key facts about NDEKF's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Nitto Denko Corporation (NDEKF) has a forward dividend yield of 1.96%, based on an annual dividend of $0.45 per share and a share price of $23.20.
- As of Nov 5, 2026, NDEKF's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Nitto Denko Corporation (NDEKF) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- NDEKF last cut its regular dividend in 2022.
- NDEKF's next ex-dividend date is Mar 30, 2027, with payment on Apr 13, 2027. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, NDEKF pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
- NDEKF's dividend has grown at an average rate of 0.6% a year over the past five years.
- As of Nov 5, 2026, NDEKF's 1.96% yield is 17% below its five-year average yield of 2.36%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for NDEKF is $20.77 per share, 10% below the $23.20 share price, so NDEKF screens as fairly valued.
- Nitto Denko Corporation (NDEKF) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "NDEKF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/NDEKF
Is NDEKF a good dividend stock?
Yes, with caveatsNitto Denko Corporation (NDEKF) pays a semiannual dividend yielding 1.96% ($0.45/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (31%)
- 55% total price return over 5 years
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 1.96%
- Payout Ratio
- 31%
- Annual Dividend
- $0.45
- 5-Yr Avg Growth
- 0.6%
- Ex-Dividend Date
- Mar 30, 2027
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 0.51
- Market Cap
- $14.9B
- P/E Ratio
- 17.3
- 5-Yr Total Return
- 55%
- 52-Week Range
- $17.72 – $25.01
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2022)
NDEKF dividend changes
Nitto Denko Corporation (NDEKF) pays a variable dividend: across the 25 payments on record since 2014, 18 were higher than the one before and 4 lower. The latest change was up 1.0% to $0.203 per share, going ex-dividend on Sep 29, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 29, 2026 | Higher | $0.201 → $0.203 | +1.0% |
| Mar 30, 2026 | Higher | $0.185 → $0.187 | +1.1% |
| Sep 29, 2025 | Higher | $0.193 → $0.201 | +4.1% |
| Mar 28, 2025 | Higher | $0.172 → $0.185 | +7.6% |
| Sep 27, 2024 | Higher | $0.174 → $0.193 | +11.0% |
| Mar 28, 2024 | Lower | $0.181 → $0.172 | −4.9% |
| Sep 28, 2023 | Higher | $0.167 → $0.174 | +4.3% |
| Mar 30, 2023 | Higher | $0.179 → $0.181 | +1.0% |
| Sep 29, 2022 | Lower | $0.197 → $0.167 | −15.6% |
| Mar 30, 2022 | Lower | $0.182 → $0.179 | −1.8% |
| Sep 29, 2021 | Higher | $0.190 → $0.197 | +4.1% |
| Mar 30, 2021 | Lower | $0.185 → $0.182 | −1.6% |
Frequently Asked Questions
Is NDEKF a good dividend stock?
Yes, with caveats. Nitto Denko Corporation (NDEKF) pays a semiannual dividend yielding 1.96% ($0.45/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is NDEKF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NDEKF's fair value is about $20.77 versus a $23.20 share price — so it looks fairly valued (-10% vs. fair value).
Is NDEKF's dividend safe?
NDEKF has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is NDEKF's fair value?
Our blended fair-value estimate for NDEKF is about $20.77 per share, about 10% below the current $23.20 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NDEKF a buy, hold, or sell?
We don't issue formal ratings, but on the data NDEKF screens as "yes, with caveats" and fairly valued. Nitto Denko Corporation (NDEKF) pays a semiannual dividend yielding 1.96% ($0.45/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will NDEKF cut its dividend?
NDEKF earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NDEKF pay a dividend?
Yes. Nitto Denko Corporation pays a semiannual dividend of about $0.45 per share annually, a forward yield of roughly 1.96%.
How much dividend does 100 shares of NDEKF pay?
At $0.45 per share a year, 100 shares of NDEKF pay $45.00 a year in dividends before tax, about $22.50 every six months. Buying them costs about $2,320 at the Nov 5, 2026 price.
What is NDEKF's dividend yield?
As of Nov 5, 2026, NDEKF's forward dividend yield is 1.96%, based on a $0.45 annual dividend and a $23.20 share price.
What is NDEKF's dividend per share?
As of Nov 5, 2026, NDEKF pays $0.45 per share per year, distributed on a semiannual basis.
What is NDEKF's dividend payout ratio?
As of Nov 5, 2026, NDEKF's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has NDEKF grown its dividend?
As of Nov 5, 2026, NDEKF has increased its dividend for 3 consecutive years.
When is the next NDEKF ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for NDEKF is Mar 30, 2027.
NDEKF Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+74%
5 Years
+55%
52-Week Range
$17.72 – $25.01
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NDEKF worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Nitto Denko Corporation is $20.77 per share, versus a market price of $23.20. That implies the stock is roughly fairly priced.
Fair Value
$20.77
Current Price
$23.20
Gap
-10%
Margin of Safety
-12%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 9.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 9.4% growth for five years fading to 2.5% over the next five, $1.34 EPS, $0.46 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NDEKF Dividend Safety Score
Safe
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
Dividend History
Full NDEKF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 29, 2026 | — | $0.2030 | regular |
| Mar 30, 2026 | — | $0.1870 | regular |
| Sep 29, 2025 | — | $0.2010 | regular |
| Mar 28, 2025 | — | $0.1850 | regular |
| Sep 27, 2024 | — | $0.1930 | regular |
| Mar 28, 2024 | Jun 24, 2024 | $0.1720 | regular |
| Sep 28, 2023 | — | $0.1738 | regular |
| Mar 30, 2023 | Jun 26, 2023 | $0.1808 | regular |
| Sep 29, 2022 | Nov 25, 2022 | $0.1666 | regular |
| Mar 30, 2022 | Jun 20, 2022 | $0.1790 | regular |
| Sep 29, 2021 | Nov 26, 2021 | $0.1974 | regular |
| Mar 30, 2021 | Jun 21, 2021 | $0.1822 | regular |
| Sep 29, 2020 | Nov 27, 2020 | $0.1896 | regular |
| Mar 30, 2020 | Jun 22, 2020 | $0.1852 | regular |
Income Calculator
At $0.45 / yr per share
Similar Dividend Stocks
Compare NDEKF
Explore more
Lists and tools related to NDEKF
- Stocks that pay dividends in November →
- Basic Materials dividend stocks →
- NDEKF dividend calculator →
- NDEKF DRIP calculator →
- NDEKF: last day to buy for the dividend →
- Embed NDEKF dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
