Prima Meat Packers Dividend
Dividend criteria checks 4/6
Prima Meat Packers is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
67%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥96.33 |
Dividend yield forecast in 3Y | 2.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2281's dividends per share have been stable in the past 10 years.
Growing Dividend: 2281's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Prima Meat Packers Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2281) | 2.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Food) | 1.7% |
Analyst forecast in 3 Years (2281) | 2.8% |
Notable Dividend: 2281's dividend (2.8%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2281's dividend (2.8%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 2281's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2281 is paying a dividend but the company has no free cash flows.