Nitto Denko Corporation
NDEKFBasic Materials · Stock · semiannual payer
$17.72
Add to PortfolioForward Yield
2.28%
Annual Dividend
$0.40
Payout Ratio
30%
5-Yr Growth
0.6%
Ex-Date
Sep 29, 2026
Frequency
Semiannual
NDEKF Dividend Safety Score
65/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage30% of earnings paid out
Free-cash-flow coverage1% of free cash flow
Yield vs its historyYield in line with its history
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 NDEKF a good dividend stock?
Yes, with caveatsNitto Denko Corporation (NDEKF) pays a semiannual dividend yielding 2.28% ($0.40/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (30%)
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 2.28%
- Payout Ratio
- 30%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 0.6%
- Ex-Dividend Date
- Sep 29, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 0.53
- Market Cap
- $11.9B
- P/E Ratio
- 14.4
- 5-Yr Total Return
- 17%
- 52-Week Range
- $17.72 – $25.70
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 29, 2025 | — | $0.2010 | regular |
| Mar 28, 2025 | — | $0.1850 | regular |
| Sep 27, 2024 | — | $0.1930 | regular |
| Mar 28, 2024 | — | $0.1720 | regular |
| Sep 28, 2023 | — | $0.1738 | regular |
| Mar 30, 2023 | — | $0.1808 | regular |
| Sep 29, 2022 | — | $0.1666 | regular |
| Mar 30, 2022 | — | $0.1790 | regular |
| Sep 29, 2021 | — | $0.1974 | regular |
| Mar 30, 2021 | — | $0.1822 | regular |
| Sep 29, 2020 | — | $0.1896 | regular |
| Mar 30, 2020 | — | $0.1852 | regular |
| Sep 27, 2019 | — | $0.1854 | regular |
| Mar 27, 2019 | — | $0.1626 | regular |
Income Calculator
At $0.40 / yr per share
Per payment (semiannual)$20.00
Annual$40.00
Monthly avg$3.33
