Jupiter Mines Dividend
Dividend criteria checks 3/6
Jupiter Mines is a dividend paying company with a current yield of 6.9% that is well covered by earnings.
Key information
6.9%
Dividend yield
56%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.024 |
| Dividend yield forecast in 3Y | 5.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JMS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JMS has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Jupiter Mines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JMS) | 6.9% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Metals and Mining) | 5.0% |
| Analyst forecast in 3 Years (JMS) | 5.9% |
Notable Dividend: JMS's dividend (6.9%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: JMS's dividend (6.9%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), JMS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate JMS's cash payout ratio to determine if its dividend payments are covered by cash flows.