Jet2 Dividends and Buybacks
Dividend criteria checks 3/6
Jet2 is a dividend paying company with a current yield of 0.94% that is well covered by earnings. Next payment date is on 7th February, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
0.9%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -0.3% |
| Next dividend pay date | 07 Feb 25 |
| Ex dividend date | 02 Jan 25 |
| Dividend per share | €0.151 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DG1's dividend payments have been volatile in the past 10 years.
Growing Dividend: DG1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jet2 Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DG1) | 0.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Airlines) | 2.5% |
| Analyst forecast (DG1) (up to 3 years) | 1.2% |
Notable Dividend: DG1's dividend (0.94%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: DG1's dividend (0.94%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.5%), DG1's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.4%), DG1's dividend payments are thoroughly covered by cash flows.