Morinaga&Co Dividends and Buybacks
Dividend criteria checks 4/6
Morinaga&Co is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
5.3%
Buyback Yield
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGAA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: MGAA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Morinaga&Co Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGAA.F) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Food) | 3.3% |
| Analyst forecast (MGAA.F) (up to 3 years) | 2.7% |
Notable Dividend: MGAA.F's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: MGAA.F's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.9%), MGAA.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MGAA.F is paying a dividend but the company has no free cash flows.