J-Oil Mills Dividends and Buybacks
Dividend criteria checks 4/6
J-Oil Mills is a dividend paying company with a current yield of 2.81% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.8%
Dividend yield
0.003%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 0.01% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥60.000 |
| Payout ratio | 29% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2613's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2613's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| J-Oil Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2613) | 2.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (2613) (up to 3 years) | 2.8% |
Notable Dividend: 2613's dividend (2.81%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 2613's dividend (2.81%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 2613's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), 2613's dividend payments are thoroughly covered by cash flows.