Morinaga Milk Industry Dividends and Buybacks
Dividend criteria checks 4/6
Morinaga Milk Industry is a dividend paying company with a current yield of 3.07% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
4.6%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
There May Be Some Bright Spots In Morinaga Milk Industry's (TSE:2264) Earnings
Nov 21
An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 28% Undervalued
Oct 30Does Morinaga Milk Industry (TSE:2264) Have A Healthy Balance Sheet?
Oct 11Return Trends At Morinaga Milk Industry (TSE:2264) Aren't Appealing
Sep 11An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 41% Undervalued
Jul 27Morinaga Milk Industry Co., Ltd.'s (TSE:2264) Price Is Right But Growth Is Lacking
Jul 12Additional Considerations Required While Assessing Morinaga Milk Industry's (TSE:2264) Strong Earnings
May 22Returns On Capital At Morinaga Milk Industry (TSE:2264) Have Stalled
Apr 15Improved Earnings Required Before Morinaga Milk Industry Co., Ltd. (TSE:2264) Shares Find Their Feet
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2264's dividends per share have been stable in the past 10 years.
Growing Dividend: 2264's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Morinaga Milk Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2264) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (2264) (up to 3 years) | 3.6% |
Notable Dividend: 2264's dividend (3.07%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2264's dividend (3.07%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.4%), 2264's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2264 is paying a dividend but the company has no free cash flows.