Pharma Foods International Dividend
Dividend criteria checks 3/6
Pharma Foods International is a dividend paying company with a current yield of 2.57% that is well covered by earnings. Next payment date is on 28th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
2.6%
Dividend yield
13%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | 28 Oct 24 |
Ex dividend date | 30 Jul 24 |
Dividend per share | n/a |
Earnings per share | JP¥169.67 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2929 has been paying a dividend for less than 10 years.
Growing Dividend: 2929's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Pharma Foods International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2929) | 2.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Biotechs) | 1.2% |
Analyst forecast in 3 Years (2929) | n/a |
Notable Dividend: 2929's dividend (2.57%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2929's dividend (2.57%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 2929's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), 2929's dividend payments are thoroughly covered by cash flows.