JB Hi-Fi Dividends and Buybacks
Dividend criteria checks 4/6
JB Hi-Fi is a dividend paying company with a current yield of 5.84% that is well covered by earnings.
Key information
5.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 11.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Jun 01
JBH: Interim Dividend Timetable Will Support Returns Despite Tighter Margin Outlook
Analysts have lowered their price target on JB Hi-Fi to A$111.75 from A$116.20, citing a more cautious stance on revenue growth, profit margins, and future P/E assumptions following recent research that highlights tougher comparables and supply shortages in key Apple categories. What's in the News Analysts revised the JB Hi-Fi price target to A$111.75 from A$116.20, reflecting updated views on revenue, margins, and P/E assumptions based on recent research.
Narrative Update • May 03
JBH: Higher Discount Rate And Rich P/E Will Sustain Overvaluation Risk
Analysts have trimmed their JB Hi-Fi price target from about A$61.97 to A$60.16, reflecting small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E multiples. What's in the News JB Hi-Fi's board declared an estimated fully franked interim dividend of A$2.10 per share for the six months ended 31 December 2025, giving investors clarity on the next upcoming cash return.Narrative Update • Apr 18
JBH: Interim Dividend Timetable Will Support Future Returns Outlook
Analysts have trimmed their price target for JB Hi-Fi to A$116.20 from A$118.18, reflecting updated assumptions that include a slightly higher discount rate, a modestly lower revenue growth outlook, a small uplift in profit margin and a marginally lower future P/E multiple. What's in the News JB Hi-Fi's board declared an estimated fully franked interim dividend of A$2.10 per share for the six months ended 31 December 2025, signaling a planned cash return to shareholders for that period (Key Developments).Narrative Update • Apr 04
JBH: Future Dividend Timetable Will Support Long Term Global Demand
Analysts have reduced their price target for JB Hi-Fi from A$122.00 to about A$118.18. This reflects updated assumptions that include a modestly higher discount rate, a lower revenue growth outlook, broadly similar profit margins, and a slightly reduced future P/E multiple.Narrative Update • Mar 21
JBH: Index Inclusions And Rich Future P/E Will Sustain Overvaluation Risk
Analysts have revised their price target for JB Hi-Fi to around A$62 per share. The refreshed view reflects updated assumptions on the discount rate, modest revenue growth expectations, profit margins, and a slightly lower future P/E multiple.
Narrative Update • Mar 06
JBH: Index Additions And Dividend Outlook Will Support A Positive Future
Analysts have reduced their JB Hi Fi price target by about A$9 to reflect slightly lower assumptions for revenue growth, profit margins and future P/E multiples, alongside a marginally higher discount rate. What's in the News Board declares an estimated fully franked interim dividend of 210 cents per share for the six months ended 31 December 2025, with a record date of 27 February 2026, ex date of 26 February 2026 and payment date of 13 March 2026 (company announcement).Narrative Update • Feb 20
JBH: Index Inclusions And Rich Future P/E Will Sustain Overvaluation Risk
Analysts have reduced their JB Hi-Fi price target from A$69.25 to A$61.97, linking the change to updated assumptions for slightly lower revenue growth and a lower future P/E multiple, while keeping profit margin expectations broadly in line. What's in the News The board has declared an estimated fully franked interim dividend of 210 cents per share for the six months ended 31 December 2025, with a record date of 27 February 2026, an ex date of 26 February 2026, and a payment date of 13 March 2026 (company announcement).Narrative Update • Feb 06
JBH: Index Additions Will Sustain Rich P/E And Prolong Overvaluation Risk
The analyst price target for JB Hi-Fi has edged lower from around A$70.37 to about A$69.25. Analysts link the adjustment to updated fair value estimates, a slightly higher discount rate and refreshed assumptions on revenue growth, profit margin and future P/E.Narrative Update • Jan 22
JBH: Index Additions Will Drive Richer P/E And Heighten Overvaluation Risk
Analysts have raised their price target for JB Hi-Fi to A$70.37 from A$61.97, citing updated assumptions for revenue growth, profit margins and a higher forward P/E multiple. What's in the News JB Hi-Fi Limited (ASX:JBH) has been added to the S&P Global 1200 index, increasing its visibility to global index investors and ETF products (Key Developments).Narrative Update • Jan 08
JBH: Index Inclusions And Stable Assumptions Will Shape A Balanced Outlook
Analysts have kept their JB Hi-Fi fair value estimate steady at A$102.05 per share, with only small shifts in discount rate, revenue growth, profit margin and future P/E assumptions. These changes reflect fine tuning rather than a change in overall view.Analysis Article • Jan 06
Unpleasant Surprises Could Be In Store For JB Hi-Fi Limited's (ASX:JBH) Shares
It's not a stretch to say that JB Hi-Fi Limited's ( ASX:JBH ) price-to-earnings (or "P/E") ratio of 22.2x right now...Narrative Update • Dec 25
JBH: Index Inclusions Will Support Long Term Global Demand
Analysts have trimmed their price target on JB Hi-Fi from A$124.00 to A$122.00, reflecting a slightly higher discount rate and a modestly softer long term margin outlook that more than offset upgraded revenue growth forecasts. What's in the News JB Hi-Fi Limited is being added to the S&P Global 1200 index, potentially broadening its visibility and appeal to global index and ETF investors (Key Developments).Narrative Update • Dec 11
JBH: Modest Discount Rate Shift Will Support Stronger Future Performance Outlook
Analysts have nudged their price target on JB Hi-Fi slightly lower to approximately $102.05 per share from about $102.12. This reflects a modest uptick in the assumed discount rate that only partially offsets small improvements in forecast revenue growth, profit margins and future valuation multiples.Analysis Article • Dec 05
A Look Into JB Hi-Fi's (ASX:JBH) Impressive Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Narrative Update • Nov 26
JBH: Market Dynamics Will Shape Sustainability of Current Fair Performance
Analysts have raised their price target for JB Hi-Fi from $100.23 to $102.12. This reflects slight adjustments to growth and profitability forecasts in response to evolving market expectations.Analysis Article • Nov 04
Is It Time To Consider Buying JB Hi-Fi Limited (ASX:JBH)?
While JB Hi-Fi Limited ( ASX:JBH ) might not have the largest market cap around , it saw significant share price...Analysis Article • Oct 09
JB Hi-Fi Limited (ASX:JBH) Shares Could Be 20% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, JB Hi-Fi fair value estimate is AU$143 JB Hi-Fi is estimated...Analysis Article • Aug 27
Weekly Picks: 💸 A dividend-rich sleep-tech play few investors are watching, and 2 other picks.
The main catalyst behind Sleep Cycle’s upside potential, why JB Hi-Fi might have lost its point of difference, and the bear, base and bull case for Figma.Analysis Article • Aug 19
JB Hi-Fi (ASX:JBH) Is Increasing Its Dividend To A$2.05
The board of JB Hi-Fi Limited ( ASX:JBH ) has announced that it will be paying its dividend of A$2.05 on the 5th of...Narrative Update • Aug 15
Supply Chain Improvements And E&S Acquisition Will Strengthen Future Operations
The increase in consensus price target for JB Hi-Fi primarily reflects a slight upward revision in revenue growth forecasts, resulting in a higher fair value estimate of A$100.23. Valuation Changes Summary of Valuation Changes for JB Hi-Fi The Consensus Analyst Price Target has risen from A$94.85 to A$100.23.
New Narrative • Aug 04
Has JB Hi-Fi Lost Its Point of Difference?
I may be showing my age here, but I feel that a decade or so ago, shopping at JB Hi-Fi was a different experience. There seemed to be a deliberate policy of employing sales staff from alternative subcultures, which gave the stores a unique, edgy vibe.Analysis Article • Jul 24
We Like JB Hi-Fi's (ASX:JBH) Returns And Here's How They're Trending
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
New Narrative • Feb 23
Supply Chain Improvements And E&S Acquisition Will Strengthen Future Operations
Acquisition of e&s and strategic memberships are set to boost revenue growth and expand JB Hi-Fi's customer base.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JBH's dividend payments have been volatile in the past 10 years.
Growing Dividend: JBH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| JB Hi-Fi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JBH) | 5.8% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.8% |
| Industry Average (Specialty Retail) | 5.6% |
| Analyst forecast (JBH) (up to 3 years) | 5.3% |
Notable Dividend: JBH's dividend (5.84%) is higher than the bottom 25% of dividend payers in the Australian market (2.7%).
High Dividend: JBH's dividend (5.84%) is low compared to the top 25% of dividend payers in the Australian market (6.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), JBH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.9%), JBH's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 04:23 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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
JB Hi-Fi Limited is covered by 26 analysts. 16 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 |
|---|---|
| Thomas Kierath | Barrenjoey Markets Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Chamithri Ratnapala | Bell Potter |