JOST Werke is a dividend paying company with a current yield of 3.31% that is well covered by earnings. Next payment date is on 14th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
3.3%
Dividend yield
43%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
14 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
€3.51
Dividend yield forecast in 3Y
4.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JST has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JST's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
JOST Werke Dividend Yield vs Market
How does JST dividend yield compare to the market?
Segment
Dividend Yield
Company (JST)
3.3%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Machinery)
3.3%
Analyst forecast in 3 Years (JST)
4.3%
Notable Dividend: JST's dividend (3.31%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: JST's dividend (3.31%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), JST's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.9%), JST's dividend payments are well covered by cash flows.