JTEKT Dividend
Dividend criteria checks 4/6
JTEKT is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.180 |
| Earnings per share | €105.21 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6JK's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6JK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| JTEKT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6JK) | 2.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Auto Components) | 2.6% |
| Analyst forecast (6JK) (up to 3 years) | 5.1% |
Notable Dividend: 6JK's dividend (2.9%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: 6JK's dividend (2.9%) is low compared to the top 25% of dividend payers in the German market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.2%), 6JK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), 6JK's dividend payments are thoroughly covered by cash flows.