Lacto Japan Dividend
Dividend criteria checks 3/6
Lacto Japan is a dividend paying company with a current yield of 2.37% that is well covered by earnings. Next payment date is on 26th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.4%
Dividend yield
20%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 26 Aug 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥237.07 |
| Dividend yield forecast in 3Y | 2.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3139 has been paying a dividend for less than 10 years.
Growing Dividend: 3139's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Lacto Japan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3139) | 2.4% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Retailing) | 1.6% |
| Analyst forecast in 3 Years (3139) | 2.9% |
Notable Dividend: 3139's dividend (2.37%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3139's dividend (2.37%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.2%), 3139's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), 3139's dividend payments are well covered by cash flows.