JOST Werke is a dividend paying company with a current yield of 3.28% 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
2.2%
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
4.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0RTR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0RTR'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 0RTR dividend yield compare to the market?
Segment
Dividend Yield
Company (0RTR)
3.3%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Machinery)
2.2%
Analyst forecast in 3 Years (0RTR)
4.2%
Notable Dividend: 0RTR's dividend (3.28%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0RTR's dividend (3.28%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), 0RTR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.9%), 0RTR's dividend payments are well covered by cash flows.