JB Hi-Fi Dividend yield

JB Hi-Fi is part of General Retailers business, which is part of Consumer Services industry. JB Hi-Fi is a company from Australia, and his stocks are publicly traded.

JB Hi-Fi stock dividend

JB Hi-Fi paid a total dividend of 340 million AUD last year, for a market value of 4,978 millions (Market Cap 4,983 millions). JB Hi-Fi dividend per share is 3.12 AUD, and his stock market price 45.67 AUD.

According to the chart below, where dividend yield is displayed, JB Hi-Fi has a dividend yield of 6.83%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare JB Hi-Fi stocks dividend with other General Retailers companies or other of the high Australia dividend stocks list.

JB Hi-Fi Dividend Payout

About the ability of JB Hi-Fi to maintain his current dividend of AUD 3.12 per share, an amount that accounts for 6.83%, we should study its payout ratio both on earnings and on cash-flows (see chart below). JB Hi-Fi payout on ernings is currently 64.86%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that JB Hi-Fi can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of JB Hi-Fi is AUD 6.52 per share, which is higher than the dividend per share paid by the company of AUD 3.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of JB Hi-Fi, compared againt world market average, Australia companies, Consumer Services industry and General Retailers sector companies.

JB Hi-Fi Dividend History

Below you will find a table with the historical evolution of JB Hi-Fi's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	6.83%	3.12	64.86%	109
2022	7.53%	3.16	63.33%	109
2021	5.94%	2.87	65.38%	115
2020	3.89%	1.89	71.86%	115

*In millions

JB Hi-Fi Stock performance

Finally, last moth JB Hi-Fi showed a return of 0.00% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 12.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and General Retailers firms.