SundrugLtd Dividend
Dividend criteria checks 4/6
SundrugLtd is a dividend paying company with a current yield of 2.34% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 28th March, 2024.
Key information
2.3%
Dividend yield
44%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 26 Jun 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥240.44 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9989's dividends per share have been stable in the past 10 years.
Growing Dividend: 9989's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
SundrugLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9989) | 2.3% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.1% |
Industry Average (Consumer Retailing) | 1.5% |
Analyst forecast in 3 Years (9989) | 2.8% |
Notable Dividend: 9989's dividend (2.34%) is higher than the bottom 25% of dividend payers in the JP market (1.55%).
High Dividend: 9989's dividend (2.34%) is low compared to the top 25% of dividend payers in the JP market (3.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), 9989's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (414.8%), 9989's dividend payments are not well covered by cash flows.