J Sainsbury Dividends and Buybacks
Dividend criteria checks 3/6
J Sainsbury is a dividend paying company with a current yield of 4.42% that is well covered by earnings. Next payment date is on 10th July, 2026 with an ex-dividend date of 4th June, 2026.
Key information
4.4%
Dividend yield
4.3%
Buyback Yield
| Total Shareholder Yield | 8.7% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 10 Jul 26 |
| Ex dividend date | 04 Jun 26 |
| Dividend per share | n/a |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Narrative Update • May 28
SBRY: Future Returns Will Rely On Ecosystem Positioning In UK Grocery War
Analysts have trimmed the fair value estimate for J Sainsbury by about £0.07 per share, reflecting slightly higher assumed risk, modestly adjusted revenue growth and profit margin expectations, and a small shift in future P/E assumptions following a mix of recent initiations, price target changes and downgrades. Analyst Commentary Recent Street research on J Sainsbury presents a mixed picture, with some firms initiating or lifting price targets and others moving to more cautious stances.Narrative Update • Apr 27
SBRY: Future Returns Will Rely On Balanced P/E Expectations And Modest Fair Value Shifts
J Sainsbury's analyst price target has been revised higher to £3.55 from £3.52, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, following a mix of recent target increases and a downgrade in Street research. Analyst Commentary Recent Street research around J Sainsbury reflects a mix of optimism on valuation upside and caution on execution risks, which helps explain the small uplift in the consolidated price target to £3.55.Narrative Update • Apr 10
SBRY: Future Returns Will Depend On Tight P/E And Stable Fair Value Views
J Sainsbury's analyst price targets have recently shifted within a range of £3.45 to £3.77, as analysts update their views using slightly revised discount rate and P/E assumptions while keeping fair value and growth estimates broadly unchanged. Analyst Commentary Recent research updates on J Sainsbury keep overall fair value views broadly intact, with only modest shifts in price targets as analysts tweak inputs such as discount rates and P/E assumptions.Narrative Update • Mar 26
SBRY: Future Returns Will Hinge On Tight P/E As Views Stay Balanced
The analyst price target for J Sainsbury has been raised to £3.52 from £3.49, with analysts citing updated assumptions on fair value, revenue growth and future P/E to support the change. Analyst Commentary Recent research updates show analysts fine tuning their outlook on J Sainsbury, with modest price target changes tied to revised fair value work, assumptions on revenue progression and expectations for the shares P/E multiple.Narrative Update • Mar 12
SBRY: Future Returns Will Rely On Tight P/E As Views Stay Measured
Analysts have made a small trim to their price targets for J Sainsbury, with recent cuts to £3.60 and £3.45 contributing to a modestly higher fair value estimate of £3.49, along with a slightly adjusted future P/E assumption of 18.10x. Analyst Commentary Recent price target trims to £3.60 and £3.45 sit close to the fair value estimate of £3.49 and the future P/E assumption of 18.10x, so the Street is still assigning a relatively supportive valuation even with slightly lower targets.Narrative Update • Feb 26
SBRY: Future Returns Will Rely On Cash As Views Stay Measured
Analysts have trimmed their average price targets for J Sainsbury by a few pence, with cuts such as £3.66 to £3.60 and £3.50 to £3.45, reflecting slightly adjusted assumptions around discount rates and future P/E, while maintaining a generally constructive view on the shares. Analyst Commentary The latest research points to only modest trims in price targets for J Sainsbury, with JPMorgan and other bullish analysts still expressing a constructive stance on the shares despite slightly lower fair value estimates.Narrative Update • Feb 09
SBRY: Future Returns Will Favour Cash As Ratings Stay Constructive
Analysts have trimmed their blended 12 month price target for J Sainsbury slightly to reflect modest tweaks to discount rate and forward P/E assumptions, a shift that aligns with recent Street moves such as JPMorgan cutting its target to £3.45 from £3.50 and Citi to £3.60 from £3.66. Analyst Commentary Street research on J Sainsbury has recently focused on modest adjustments to valuation rather than major changes in the underlying view of the business.Analysis Article • Feb 05
Is J Sainsbury plc (LON:SBRY) Trading At A 45% Discount?
Key Insights The projected fair value for J Sainsbury is UK£6.06 based on 2 Stage Free Cash Flow to Equity J Sainsbury...Narrative Update • Jan 25
SBRY: Future Returns Will Favour Cash Returns As Expectations Edge Lower
The analyst price target for J Sainsbury has been trimmed slightly, reflecting a modest reassessment of fair value to £3.47 from £3.53 as analysts factor in recent reductions in Street price targets in the £3.36 to £3.60 range and slightly softer assumptions for growth, margins and P/E multiples. Analyst Commentary Recent Street research on J Sainsbury reflects a mixed but generally constructive stance, with several firms trimming price targets while largely maintaining positive ratings and only one downgrade into more cautious territory.Analysis Article • Jan 24
J Sainsbury (LON:SBRY) Has More To Do To Multiply In Value Going Forward
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Analysis Article • Jan 11
J Sainsbury (LON:SBRY) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 10
SBRY: Future Returns Will Favour Shareholder Payouts Over Valuation Headroom Risk
Analysts have made a small trim to their implied valuation for J Sainsbury, reflecting a modest shift in assumptions around the discount rate and future P/E. This adjustment is broadly in line with recent Street price target moves from about £3.55 to £3.36 per share.Analysis Article • Dec 30
J Sainsbury plc's (LON:SBRY) Share Price Could Signal Some Risk
With a median price-to-earnings (or "P/E") ratio of close to 16x in the United Kingdom, you could be forgiven for...Narrative Update • Dec 23
SBRY: Future Returns Will Balance Payouts Against Margin And Competition Risks
Analysts have modestly trimmed their price target on J Sainsbury, reflecting a move from £3.53 to £3.42 per share, as they factor in slightly softer valuation multiples while still anticipating improved revenue growth and profit margins. Analyst Commentary Bullish analysts argue that the modest reduction in price targets still embeds meaningful upside from current levels, reflecting confidence in J Sainsbury's ability to execute on its strategic priorities and improve profitability.Narrative Update • Dec 09
SBRY: Future Returns Will Balance Dividend Distributions And Margin Execution Risks
The Analyst Price Target for J Sainsbury has edged down modestly to approximately £3.55 from about £3.63, as analysts incorporate slightly higher discount rates, a marginally lower profit margin outlook, and a somewhat richer future P E assumption into their valuation models. Analyst Commentary Recent Street research on J Sainsbury reflects a more nuanced stance, with adjustments to both ratings and price targets as analysts reassess the balance between execution progress and macro headwinds.Narrative Update • Nov 25
SBRY: Future Performance Will Reflect Dividend Actions Amidst Margin Headwinds
J Sainsbury's analyst price target has been slightly lowered, with consensus moving from £3.63 to £3.55 per share. Analysts cite a more cautious outlook due to revised growth and margin expectations.Analysis Article • Nov 21
Should You Think About Buying J Sainsbury plc (LON:SBRY) Now?
While J Sainsbury plc ( LON:SBRY ) might not have the largest market cap around , it received a lot of attention from a...Narrative Update • Nov 10
SBRY: Future Performance Will Balance Dividend Returns With Margin Pressure
J Sainsbury's analyst price target has increased modestly from £3.31 to £3.41. Analysts cite slightly improved revenue growth projections, which are offset by a minor reduction in expected profit margins and a higher discount rate.Analysis Article • Nov 09
J Sainsbury (LON:SBRY) Is Increasing Its Dividend To £0.151
J Sainsbury plc ( LON:SBRY ) has announced that it will be increasing its periodic dividend on the 19th of December to...Analysis Article • Nov 04
A Look At The Intrinsic Value Of J Sainsbury plc (LON:SBRY)
Key Insights Using the 2 Stage Free Cash Flow to Equity, J Sainsbury fair value estimate is UK£3.58 J Sainsbury's...Narrative Update • Oct 27
Confidence In Improved Execution And Market Position Will Drive Further Gains
Analysts have raised the price target for J Sainsbury shares from £3.30 to £3.63 per share, citing improved expectations for the company's performance. Analyst Commentary Analyst sentiment around J Sainsbury's outlook has shifted following a notable price target upgrade.Narrative Update • Oct 13
Expanding Grocery Range And New Stores Will Fuel Future Reach
J Sainsbury's analyst price target has increased from £3.30 to £3.63. This change is supported by analysts who cite ongoing optimism about the company's growth prospects and improved financial outlook.Analysis Article • Oct 07
The Return Trends At J Sainsbury (LON:SBRY) Look Promising
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Sep 29
Expanding Grocery Range And New Stores Will Fuel Future Reach
J Sainsbury’s upward revisions in both net profit margin and revenue growth forecasts have driven a modest increase in its consensus analyst price target from £3.12 to £3.27. What's in the News J Sainsbury ended talks to sell Argos to JD.com after concluding JD.com’s revised terms were not in shareholders’ best interests.Narrative Update • Sep 14
Expanding Grocery Range And New Stores Will Fuel Future Reach
J Sainsbury's higher Future P/E multiple, despite a declining net profit margin, suggests increased investor optimism or expectations for growth, resulting in only a marginal increase in its consensus analyst price target from £3.08 to £3.12. What's in the News Board approved appointment of PricewaterhouseCoopers LLP as company auditor.Analysis Article • Aug 24
J Sainsbury plc's (LON:SBRY) Share Price Not Quite Adding Up
It's not a stretch to say that J Sainsbury plc's ( LON:SBRY ) price-to-earnings (or "P/E") ratio of 16.3x right now...Analysis Article • Jul 31
Calculating The Intrinsic Value Of J Sainsbury plc (LON:SBRY)
Key Insights Using the 2 Stage Free Cash Flow to Equity, J Sainsbury fair value estimate is UK£3.49 J Sainsbury's...
New Narrative • Nov 29
Winning Big Basket Customers And Store Expansions Drive Thriving Growth And Market Success
New store acquisitions and space reallocation towards food are expected to enhance revenue and profitability in key locations.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBRY's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBRY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| J Sainsbury Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBRY) | 4.4% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Consumer Retailing) | 3.6% |
| Analyst forecast (SBRY) (up to 3 years) | 5.2% |
Notable Dividend: SBRY's dividend (4.42%) is higher than the bottom 25% of dividend payers in the UK market (2.21%).
High Dividend: SBRY's dividend (4.42%) is low compared to the top 25% of dividend payers in the UK market (5.7%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.3%), SBRY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (143%), SBRY's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 23:40 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2026/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
J Sainsbury plc is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Attenborough | Banco Santander |
| James Anstead | Barclays |
| Matthew Clements | Barclays |