Japan Wool Textile Dividend
Dividend criteria checks 5/6
Japan Wool Textile is a dividend paying company with a current yield of 2.66% that is well covered by earnings. Next payment date is on 19th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.7%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 19 Aug 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥116.05 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3201's dividends per share have been stable in the past 10 years.
Growing Dividend: 3201's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Japan Wool Textile Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3201) | 2.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Luxury) | 1.8% |
| Analyst forecast in 3 Years (3201) | n/a |
Notable Dividend: 3201's dividend (2.66%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3201's dividend (2.66%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), 3201's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.2%), 3201's dividend payments are well covered by cash flows.