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Dividend Yield: 3.2%

Redington's dividend yield of 3.2% ranks it among the top 25% of Indian market dividend payers, supported by a low payout ratio of 39.8%, indicating strong coverage by earnings and cash flows. However, its dividend history has been volatile over the past decade with significant annual drops exceeding 20%. Recent earnings show increased sales but slightly lower net income compared to last year, highlighting potential challenges in maintaining consistent dividends.

• Delve into the full analysis dividend report here for a deeper understanding of Redington.

• The valuation report we've compiled suggests that Redington's current price could be quite moderate.

Nippo

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Nippo Ltd., along with its subsidiaries, engages in the manufacturing and trading of industrial materials and plastic molded products both in Japan and internationally, with a market cap of ¥19.08 billion.

Operations: Nippo Ltd.'s revenue is derived from its operations in manufacturing and trading industrial materials and plastic molded products across domestic and international markets.

Dividend Yield: 3.6%

Nippo's dividend yield of 3.59% is slightly below the top 25% of Japanese market payers, with a payout ratio of 48.4%, indicating dividends are well covered by earnings and cash flows. Despite this coverage, the dividend history has been unstable over the past decade with significant volatility and unreliability but shows growth over ten years. The cash payout ratio stands at a reasonable 53.5%, further supporting dividend sustainability despite past fluctuations.

• Dive into the specifics of Nippo here with our thorough dividend report.

• Insights from our recent valuation report point to the potential overvaluation of Nippo shares in the market.

Taking Advantage

• Take a closer look at our Top Dividend Stocks list of 1976 companies by clicking here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include KOSE:A316140 NSEI:REDINGTON and TSE:9913.

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