Current Report: Nichias
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Incorporated in 1896 and headquartered in Tokyo, Japan, Nichias Corporation (NICFF) manufactures and sells thermal insulation materials primarily in Japan.
It operates in five segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Auto Parts, and Building Materials.
Three key data points gauge NICFF or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
NICFF Price
Nichias share price Stayed level at $22.86 over the past year per Tuesday’s market price. No analysts cover the stock.
The average annual price gain for the last seven years has been $1.55.
That gain would put NICFF stock price at $24.41.
Of course, the price could also stay flat, or decline.
NICFF Dividends
Nichias has paid variable semi-annual dividends since December 10, 1997.
A current forward looking annual dividend is not available.
The most recent NICFF dividend was paid December 2, 2024.
NICFF Returns
Putting it all together, a $1.55 estimated gross gain per share shows up when adding Nichias’s annual $0 dividend to an estimated $1.55 annual price gain.
A little over $1000 invested at the recent $22.86 share price would buy 44 shares which, multiply the $1.55 estimated gross gain to $67.90 for the coming year.
None of that $68 gain comes from annual dividends generated from your $1,000 investment.
Furthermore, the lack of annual dividend income from investment make this stock irreevant for dog catching purposes.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
No dividends, no sale.
Therefore, you should not choose to pounce on Nichias Corporation until its recovers the ability to pay a healthy dividend.
The exact track of Nichias’s future share price and dividends 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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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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