JTC is a dividend paying company with a current yield of 1.22% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.2%
Dividend yield
79%
Payout ratio
Industry average yield
2.7%
Next dividend pay date
28 Jun 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
€0.13
Dividend yield forecast in 3Y
1.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2N9 has been paying a dividend for less than 10 years.
Growing Dividend: 2N9's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
JTC Dividend Yield vs Market
How does 2N9 dividend yield compare to the market?
Segment
Dividend Yield
Company (2N9)
1.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Capital Markets)
2.7%
Analyst forecast in 3 Years (2N9)
1.8%
Notable Dividend: 2N9's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 2N9's dividend (1.22%) is low compared to the top 25% of dividend payers in the German market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.7%), 2N9's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.1%), 2N9's dividend payments are well covered by cash flows.