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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Nippon Steel Corporation (NPSCY) pays a $24.00 annual dividend, yielding 3.70% at $4.10/share. Next ex-dividend date 2026-03-31. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.70%
Annual Dividend: $24.00 per share
Payout Ratio: 43.0%
Ex-Dividend Date: 2026-03-31
Dividend Frequency: semi-annually
Sector: Basic Materials
Years of Dividend History: 20
Nippon Steel Corporation dividend investors are looking at one of Japan's largest steelmakers, a company spanning steel fabrication, engineering, chemicals, and system solutions across global markets. The current yield sits at 3.74%, with a trailing annual dividend rate of $24.00 per share paid on a semi-annual schedule. The next ex-dividend date is March 31, 2026. NPSCY's beta of 0.631 points to below-average price volatility, which appeals to income-focused investors who want exposure to industrial materials without sharp swings.
Nippon Steel Corporation pays out 43.0% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves a meaningful buffer of retained earnings, supported by the company's diversified revenue base across steelmaking, engineering and construction, chemicals, and system solutions. Nippon Steel Corporation dividend safety faces its clearest pressure from the cyclical nature of steel demand, and the history table shows at least one year-over-year decline exceeding 5%, confirming the payout is not immune to downturns.
Nippon Steel Corporation dividend history shows a CAGR of 0.0% per year from 2007 to 2025. Per-share, the dividend started at $0.3116 and ended at $0.3116 over that span (with 2026 a partial year and excluded from this calculation). The largest annual increase in the window was 161.6% in 2014, but that spike was offset by declines in other years, leaving net growth flat over the full period.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -4.2% | $0.35 (2022) | $0.31 (2025) |
| 5-Year | +27.5% | $0.09 (2019) | $0.31 (2025) |
| 10-Year | +7.3% | $0.15 (2014) | $0.31 (2025) |
NPSCY fits income-focused investors who want exposure to global steel and industrial materials at a moderate (2–4%) yield. At 3.74%, the current yield runs below the 5-year average of 5.11%, meaning buyers today are accepting a lower income rate than the stock has historically delivered. Growth is flat over the long run, and the history includes dividend cuts, so this is not a compounding income story. What the stock offers instead is a 43.0% payout ratio that keeps the current dividend covered, paired with low price volatility reflected in a beta of 0.631.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-29 | $0.0749 |
| 2026-03-31 | $0.0740 |
| 2025-09-30 | $0.1290 |
| 2025-03-31 | $0.1826 |
| 2024-09-30 | $0.1777 |
| 2024-03-28 | $0.1773 |
| 2023-09-29 | $0.1682 |
| 2023-03-31 | $0.2092 |
| 2022-09-29 | $0.1748 |
| 2022-03-29 | $0.1800 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.1489 |
| 2025 | $0.3116 |
| 2024 | $0.3550 |
| 2023 | $0.3774 |
| 2022 | $0.3548 |
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