Nice's (TSE:8089) Dividend Will Be ¥28.00
Nice Corporation (TSE:8089) will pay a dividend of ¥28.00 per share on December 5, yielding 4.2%. While earnings cover the dividend, negative free cash flows raise sustainability concerns. EPS is projected to grow by 31.1% over the next year, potentially leading to a 22% payout ratio. Despite a history of dividend cuts, recent EPS growth suggests future potential. However, due to cash flow issues, Nice may not be ideal for income-focused investors. Caution is advised as there are warning signs for the company moving forward.
Simplywall·
