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 yield2.7%
Next dividend pay daten/a
Ex dividend date29 Aug 24
Dividend per shareJP¥26.000
Earnings per shareJP¥79.34
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Upcoming Dividend Payment

TodayAug 24 2024Ex Dividend DateAug 29 20240Buy in the next 4 days to receive the upcoming dividend0

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
How does 6224 dividend yield compare to the market?
SegmentDividend 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.


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