Warabeya Nichiyo Holdings Dividend
Dividend criteria checks 5/6
Warabeya Nichiyo Holdings is a dividend paying company with a current yield of 3.93% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.9%
Dividend yield
37%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 15 Nov 24 |
Ex dividend date | 29 Aug 24 |
Dividend per share | n/a |
Earnings per share | JP¥244.67 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2918's dividends per share have been stable in the past 10 years.
Growing Dividend: 2918's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Warabeya Nichiyo Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2918) | 3.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Food) | 2.6% |
Analyst forecast in 3 Years (2918) | 5.7% |
Notable Dividend: 2918's dividend (3.93%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 2918's dividend (3.93%) is in the top 25% of dividend payers in the JP market (3.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), 2918's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2918 is paying a dividend but the company has no free cash flows.