Meiji Holdings Dividend
Dividend criteria checks 5/6
Meiji Holdings is a dividend paying company with a current yield of 2.88% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥100.000 |
| Earnings per share | JP¥193.39 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Meiji Holdings' (TSE:2269) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15
Meiji Holdings Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 13Does Meiji Holdings (TSE:2269) Have A Healthy Balance Sheet?
Aug 03Investors Could Be Concerned With Meiji Holdings' (TSE:2269) Returns On Capital
Jul 03Is There An Opportunity With Meiji Holdings Co., Ltd.'s (TSE:2269) 22% Undervaluation?
Jun 12Why Meiji Holdings' (TSE:2269) Shaky Earnings Are Just The Beginning Of Its Problems
May 22Meiji Holdings (TSE:2269) Has A Pretty Healthy Balance Sheet
May 01Meiji Holdings Co., Ltd.'s (TSE:2269) Shares May Have Run Too Fast Too Soon
Apr 11Meiji Holdings (TSE:2269) Will Be Hoping To Turn Its Returns On Capital Around
Mar 19Meiji Holdings Co., Ltd.'s (TSE:2269) Intrinsic Value Is Potentially 31% Above Its Share Price
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2269's dividends per share have been stable in the past 10 years.
Growing Dividend: 2269's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meiji Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2269) | 2.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Food) | 2.5% |
| Analyst forecast in 3 Years (2269) | 3.0% |
Notable Dividend: 2269's dividend (2.88%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2269's dividend (2.88%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), 2269's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.6%), 2269's dividend payments are covered by cash flows.