Japan Tobacco Dividend
Dividend criteria checks 5/6
Japan Tobacco is a dividend paying company with a current yield of 4.51% that is well covered by earnings. Next payment date is on 2nd September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
4.5%
Dividend yield
42%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 02 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥271.66 |
Dividend yield forecast in 3Y | 5.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2914's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2914's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Japan Tobacco Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2914) | 4.5% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Tobacco) | 3.9% |
Analyst forecast in 3 Years (2914) | 5.3% |
Notable Dividend: 2914's dividend (4.51%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2914's dividend (4.51%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), 2914's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.3%), 2914's dividend payments are covered by cash flows.