WELLNEO SUGAR Dividends and Buybacks
Dividend criteria checks 5/6
WELLNEO SUGAR is a dividend paying company with a current yield of 4.11% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
4.4%
Buyback Yield
| Total Shareholder Yield | 8.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥92.000 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2117's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2117's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| WELLNEO SUGAR Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2117) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.4% |
| Analyst forecast (2117) (up to 3 years) | n/a |
Notable Dividend: 2117's dividend (4.11%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 2117's dividend (4.11%) is in the top 25% of dividend payers in the JP market (3.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), 2117's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88%), 2117's dividend payments are covered by cash flows.