JRCLtd Dividend
Dividend criteria checks 3/6
JRCLtd is a dividend paying company with a current yield of 2.69% that is well covered by earnings.
Key information
2.7%
Dividend yield
27%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | 29 Aug 24 |
Dividend per share | JP¥26.000 |
Earnings per share | JP¥79.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6224's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6224's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
JRCLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6224) | 2.7% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (6224) | n/a |
Notable Dividend: 6224's dividend (2.69%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6224's dividend (2.69%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.2%), 6224's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), 6224's dividend payments are covered by cash flows.