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Nichias Corp (NICFF) operates a conglomerate of five business units in Japan, each contributing between roughly 10% and 30% of the company’s total revenue.

Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs.

Industrial Products provides a wide range of products to the infrastructure industry.

Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers.

Building Materials supplies and installs fireproof building materials for residences and buildings.

Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries.

Nearly all the company’s sales are in Asia, with more than 80% from Japan.

Nichias Corporation was incorporated in 1896 and is headquartered in Tokyo, Japan.

Three key data points gauge Nichias Corp or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

NICFF Price

Nichias’s share price increased about 11% in the past year from $20.24 to $22.86 as of Tuesday’s market close.

In the past 2 years, the company’s share price has ranged from $20.24 to $22.86, Nichias’s all-time high, reached January 2nd.

Should the company conform to the average of one year price gain over the past 2 years, share price could grow $2.44 to $25.30 in the coming year.

NICFF Dividend

Nichias Corp has paid variable semi-annual dividends since December 2017. The company’s most recent SA dividend of $0.37 was declared May 7th, 2024, for shareholders of record prior to March 28th, and the payout is due in June. A forward-looking annual dividend of $0.75 yields 3.27% per Tuesday’s closing price.

NICFF Returns

Putting it all together, a $4.19 estimated gross gain per share shows up by adding Nichias’s annual $1.75 dividend to the estimated $2.44 estimated annual price gain, totaling that $4.19 gross amount.

A little over $1000 buys 44 shares at Friday’s $22.86 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.23 per share out of the $4.19 gross-gain to give us a $3.86 net amount per share to multiply by 44 shares, to equal $169.44 for about a 16% estimated net gain on the year.

Furthermore, the $32.70 of annual dividend income from $1,000 invested in Nichias Corp is nearly 1.5 times greater than the single-share price. By these numbers, Nichias Corp could be an ideal dividend dog.

Therefore, you may choose to pounce on NICFF as a 129-year-old semi-annual dividend-paying conglomerate company with an 8-year dividend record.

The exact track of Nichias Corp's future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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