Sojitz Dividend
Dividend criteria checks 5/6
Sojitz is a dividend paying company with a current yield of 4.09% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥150.000 |
| Earnings per share | JP¥462.22 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00
Jul 25
Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00
Jul 11Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00
Mar 13Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00
Feb 28Recent updates
Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00
Jul 25Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00
Jul 11Why Investors Shouldn't Be Surprised By Sojitz Corporation's (TSE:2768) Low P/E
Jun 11Here's What Analysts Are Forecasting For Sojitz Corporation (TSE:2768) After Its Annual Results
May 03Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00
Mar 13Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00
Feb 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2768's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2768's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sojitz Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2768) | 4.1% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Trade Distributors) | 2.7% |
| Analyst forecast in 3 Years (2768) | 5.0% |
Notable Dividend: 2768's dividend (4.09%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 2768's dividend (4.09%) is in the top 25% of dividend payers in the JP market (3.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), 2768's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), 2768's dividend payments are well covered by cash flows.