Nihon Kohden Corporation
NHNKFHealthcare · Stock · monthly payer
Forward Yield
23.79%
Annual Dividend
$32.00
Payout Ratio
54%
5-Yr Growth
13.4%
Ex-Date
Sep 29, 2026
Frequency
Monthly
Summary
As of June 2026, Nihon Kohden Corporation (NHNKF) yields 23.79% ($32.00 per share annually), with a blended fair-value estimate of $8.93 — -41% downside, so it screens as overvalued. Dividend safety grade: C (52/100). 1 years of dividend growth.
Is NHNKF a good dividend stock?
MixedNihon Kohden Corporation (NHNKF) pays a monthly dividend yielding 23.79% ($32.00/yr), with 1 year 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 (54%)
- Strong 13.4% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 23.79%
- Payout Ratio
- 54%
- Annual Dividend
- $32.00
- 5-Yr Avg Growth
- 13.4%
- Ex-Dividend Date
- Sep 29, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.37
- Market Cap
- $2.4B
- P/E Ratio
- 41.9
- 5-Yr Total Return
- -50%
- 52-Week Range
- $10.90 – $15.07
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
NHNKF Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
-30%
5 Years
-50%
52-Week Range
$10.90 – $15.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NHNKF worth?
Overvaluedlow confidenceOur blended fair-value estimate for Nihon Kohden Corporation is $8.93 per share, versus a market price of $15.07. That implies 41% of downside.
Fair Value
$8.93
Current Price
$15.07
Downside
-41%
Margin of Safety
-69%
How we get there
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 9.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 9.3% stage-1 growth, 2.5% terminal growth, $0.36 EPS, $32.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NHNKF Dividend Safety Score
Borderline
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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 30, 2026 | — | $0.1001 | regular |
| Mar 30, 2026 | — | $0.1001 | regular |
| Mar 30, 2026 | — | $0.0999 | regular |
| Mar 30, 2026 | — | $0.0999 | regular |
| Mar 30, 2026 | — | $0.0999 | regular |
| Mar 30, 2026 | — | $0.0999 | regular |
| Mar 30, 2026 | — | $0.0998 | regular |
| Mar 30, 2026 | — | $0.0998 | regular |
| Mar 30, 2026 | — | $0.0998 | regular |
| Mar 30, 2026 | — | $0.0998 | regular |
| Mar 30, 2026 | — | $0.0998 | regular |
| Mar 30, 2026 | — | $0.0996 | regular |
| Mar 30, 2026 | — | $0.0992 | regular |
| Mar 30, 2026 | — | $0.0992 | regular |
Income Calculator
At $32.00 / yr per share
