Meiji Holdings Dividend
Dividend criteria checks 5/6
Meiji Holdings is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.8%
Dividend yield
50%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | 06 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | €100.000 |
Earnings per share | €195.76 |
Dividend yield forecast | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3M0's dividends per share have been stable in the past 10 years.
Growing Dividend: 3M0's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Meiji Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (3M0) | 2.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Food) | 4.4% |
Analyst forecast (3M0) (up to 3 years) | 2.9% |
Notable Dividend: 3M0's dividend (2.78%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 3M0's dividend (2.78%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), 3M0's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.6%), 3M0's dividend payments are covered by cash flows.