Maruha Nichiro Dividends and Buybacks
Dividend criteria checks 5/6
Maruha Nichiro is a dividend paying company with a current yield of 3.38% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 7.7% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Payout ratio | 21% |
Recent dividend and buyback updates
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) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.4% |
| Analyst forecast (1333) (up to 3 years) | 3.4% |
Notable Dividend: 1333's dividend (3.38%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 1333's dividend (3.38%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.7%), 1333's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.3%), 1333's dividend payments are thoroughly covered by cash flows.