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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Nippon Steel Corporation (NPSCY) pays a $24.00 annual dividend, yielding 10.41% at $4.49/share. Next ex-dividend date 2026-09-29. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 10.41%
Annual Dividend: $24.00 per share
Ex-Dividend Date: 2026-09-29
Sector: Basic Materials
Years of Dividend History: 20
Nippon Steel Corporation dividend income comes from one of Japan's largest steelmakers, spanning steel manufacturing, engineering, chemicals, and system solutions. The current yield stands at 10.41%, with a trailing annual dividend rate of $24.00 per share. The next ex-dividend date is September 29, 2026. NPSCY's beta of 0.633 points to lower price volatility than the broader market, which appeals to income-focused investors who want yield without extreme share price swings.
Nippon Steel Corporation pays out dividends at a payout ratio classified as not applicable (fund/ETF), so conventional earnings-coverage analysis does not apply here. Nippon Steel Corporation dividend safety is difficult to assess through a payout ratio lens given this classification, though the company's operations span steel products for automotive, energy, and infrastructure markets, providing broad demand exposure. The most significant data-supported pressure point is the dividend's long-term trajectory: the per-share amount has declined from $0.9348 in 2007 to $0.3116 in 2025, a pattern that income investors cannot ignore.
Nippon Steel Corporation dividend history shows a CAGR of -5.9% per year from 2007 to 2025. Per-share payments fell from $0.9348 at the start of the window to $0.3116 by 2025 (2026 is a partial year and excluded from this calculation, per Nippon Steel Corporation dividend 2026 data). The largest annual increase in the window was 57.0% in 2014, but the overall direction has been downward, and the history contains at least one year-over-year decline exceeding 5%.
| Period | CAGR | From | To |
|---|---|---|---|
| 5-Year | -7.6% | $0.46 (2019) | $0.31 (2025) |
| 10-Year | -3.9% | $0.46 (2014) | $0.31 (2025) |
NPSCY stock fits income-focused investors who prioritize a high current yield and can accept meaningful dividend variability over time. The yield is classified as high (above 4%), currently at 10.41%, but that sits below the 5-year average yield of 12.54%, meaning today's yield is not at its historical peak. The underlying business spans steel, engineering, chemicals, and IT services, giving it broad revenue exposure, but the dividend's -5.9% annual CAGR over 18 years reflects a shrinking per-share payout. Zero consecutive years of dividend increases reinforces that point. What an investor gets is a double-digit yield from a diversified industrial operator. What they accept is a dividend that has trended lower over the long run.
| 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 | $0.5245 |
| 2022-03-29 | $0.5400 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.1489 |
| 2025 | $0.3116 |
| 2024 | $0.3550 |
| 2023 | $0.3774 |
| 2022 | $1.0645 |
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