Morito Dividend
Dividend criteria checks 5/6
Morito is a dividend paying company with a current yield of 3.96% that is well covered by earnings. Next payment date is on 28th February, 2025 with an ex-dividend date of 28th November, 2024.
Key information
4.0%
Dividend yield
32%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 28 Feb 25 |
Ex dividend date | 28 Nov 24 |
Dividend per share | n/a |
Earnings per share | JP¥86.91 |
Dividend yield forecast in 3Y | 4.2% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9837's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9837's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Morito Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9837) | 4.0% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Luxury) | 1.6% |
Analyst forecast in 3 Years (9837) | 4.2% |
Notable Dividend: 9837's dividend (3.96%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 9837's dividend (3.96%) is in the top 25% of dividend payers in the JP market (3.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 9837's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.8%), 9837's dividend payments are well covered by cash flows.