JL Mag Rare-Earth Co., Ltd.

DB:3KLA Stock Report

Market Cap: €3.3b

JL Mag Rare-Earth Dividend

Dividend criteria checks 0/6

JL Mag Rare-Earth is a dividend paying company with a current yield of 0.76%. Next payment date is on 15th November, 2024 with an ex-dividend date of 24th September, 2024.

Key information

0.8%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yield1.5%
Dividend Growth24.3%
Next dividend pay date15 Nov 24
Ex dividend date24 Sep 24
Dividend per share€0.0208
Payout ratio170%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 3KLA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3KLA's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

JL Mag Rare-Earth Dividend Yield vs Market
How does 3KLA dividend yield compare to the market?
SegmentDividend Yield
Company (3KLA)0.8%
Market Bottom 25% (DE)1.6%
Market Top 25% (DE)4.8%
Industry Average (Electrical)1.7%
Analyst forecast (3KLA) (up to 3 years)1.5%

Notable Dividend: 3KLA's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.64%).

High Dividend: 3KLA's dividend (0.76%) is low compared to the top 25% of dividend payers in the German market (4.77%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (170.2%), 3KLA's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 3KLA is paying a dividend but the company has no free cash flows.


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