Hagoromo Foods Corporation

TSE:2831 Stock Report

Market Cap: JP¥29.1b

Hagoromo Foods Dividends and Buybacks

Dividend criteria checks 4/6

Hagoromo Foods is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Last payment was on 6th December, 2024 with an ex-dividend date of 27th September, 2024.

Key information

1.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth1.9%
Next dividend pay date06 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥50.000
Payout ratio10%

Recent dividend and buyback updates

Recent updates

We Think That There Are Issues Underlying Hagoromo Foods' (TSE:2831) Earnings

May 21
We Think That There Are Issues Underlying Hagoromo Foods' (TSE:2831) Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2831's dividends per share have been stable in the past 10 years.

Growing Dividend: 2831's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hagoromo Foods Dividend Yield vs Market
How does 2831 dividend yield compare to the market?
SegmentDividend Yield
Company (2831)1.6%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Food)2.5%
Analyst forecast (2831) (up to 3 years)n/a

Notable Dividend: 2831's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).

High Dividend: 2831's dividend (1.62%) is low compared to the top 25% of dividend payers in the JP market (3.82%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.5%), 2831's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.4%), 2831's dividend payments are well covered by cash flows.


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