Maruha Nichiro Dividends and Buybacks
Dividend criteria checks 5/6
Maruha Nichiro is a dividend paying company with a current yield of 3.29% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 8.0% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Payout ratio | 29% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1333's dividends per share have been stable in the past 10 years.
Growing Dividend: 1333's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Maruha Nichiro Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1333) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (1333) (up to 3 years) | 3.3% |
Notable Dividend: 1333's dividend (3.29%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 1333's dividend (3.29%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 1333's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.3%), 1333's dividend payments are well covered by cash flows.