Nomura Holdings (NMR) DIvidends Date & History

Key Takeaways

• Forward dividend yield of 4.98%, significantly higher than peers like GS (1.93%) and MS (2.12%).
• Semi-annual payments with recent annual dividend around $0.41 per share for ADR holders.
• Payout ratio of approximately 44%, signaling strong earnings coverage and sustainability.
• Dividend growth of 55% over the past year, with multi-year upward trend from post-crisis lows.
• Well-covered by free cash flow, with cash payout ratio around 38%.
• Recent ex-dividend date September 30, 2025; supported by record profitability in FY2025/26.

Dividend Overview

Nomura Holdings, Inc. (NMR) maintains a semi-annual dividend policy, paying interim and year-end dividends to shareholders of record on September 30 and March 31 each fiscal year. The forward annual dividend stands at $0.41 per ADR share, delivering a yield of 4.98% based on recent pricing. This positions NMR as a higher-yield option within the investment banking sector, appealing to income-oriented investors. While not a traditional dividend aristocrat, the company has demonstrated consistent growth in payouts, particularly since recovering from earlier lows. The most recent ex-dividend date was September 30, 2025, with payment following in December. Nomura's dividend profile blends reliable income with moderate growth potential, underpinned by its global financial services operations.

Dividend History and Growth

Nomura's dividend history reflects resilience and expansion. In JPY terms, annual payouts have risen from 6 yen in FY2018/19 to 51 yen in FY2025/26, marking substantial growth amid improved profitability. For ADR holders, this translates to recent payments like $0.189 in March 2025 (including a 100th anniversary commemorative component) and $0.139 in September 2025. One-year growth reached 54.77%, with a multi-year trend of increases following cuts during challenging periods like FY2019/20. Payments have been consistent semi-annually since recovery, without recent interruptions, signaling a commitment to progressive shareholder returns as earnings stabilize.

Dividend Sustainability and Payout Ratio

Nomura's dividend appears sustainable, with a trailing payout ratio of 43.58%—well below levels that raise concerns. Earnings comfortably cover distributions, bolstered by record net profits in FY2025/26 and strong performance in wealth management and wholesale divisions. Cash flow coverage is robust, with a cash payout ratio around 38%, indicating ample free cash flow to support ongoing payments even in volatile markets. Debt levels are manageable for a financial firm, and recent ROE targets of 8-10% further enhance stability. No immediate risks to sustainability are evident from current metrics.

Dividend Compared to Industry Peers

Nomura's nearly 5% forward yield stands out against investment banking peers. GS offers about 1.93%, while MS provides 2.12%, reflecting more conservative policies focused on buybacks. Industry averages hover around 2-3%, making NMR's higher payout attractive for yield seekers, though peers often prioritize growth and share repurchases over dividends. Nomura's profile suits investors tolerant of sector cyclicality but rewarded by elevated income.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. It excels at identifying dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore it today to streamline your research.

Is This Stock Attractive for Dividend Investors?

Nomura Holdings (NMR) may appeal to income investors seeking higher yields in the financial sector, where its nearly 5% payout exceeds peers like GS and MS. Those prioritizing current income over rapid dividend acceleration could find value, given the sustainable 44% payout ratio and cash coverage. Dividend growth enthusiasts may appreciate recent 55% annual increases and upward trends, though the lack of a decades-long streak tempers aristocrat-like appeal. Conservative investors might weigh sector volatility from market cycles, trading volumes, and geopolitical risks inherent to global investment banking. Balanced portfolios tolerant of moderate risk, focusing on Asia-Pacific exposure, stand to benefit from Nomura's profile amid ongoing profitability gains. Suitability varies by individual risk tolerance and goals.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer. Disclaimers and Limitations