Johnson Outdoors Supports Customers through Tough Times, Supporting Shareholders through Changes
Portfolio Pulse from Benzinga Insights
Johnson Outdoors (NASDAQ:JOUT) will distribute a dividend payout of $0.33 per share, with an annualized dividend yield of 2.52%. The company has seen a notable growth in its dividend per share from $0.62 to $1.22 between 2019 and 2022, but a decrease in earnings per share from $5.11 to $4.37. Hasbro (NASDAQ:HAS) has the highest annualized dividend yield at 5.79% among industry peers.
October 27, 2023 | 3:05 pm
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NEUTRAL IMPACT
Hasbro has the highest annualized dividend yield at 5.79% among industry peers.
Hasbro's high annualized dividend yield compared to its peers could make it an attractive option for income-seeking investors. However, further analysis is needed to assess the sustainability of these dividends.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Johnson Outdoors is distributing a dividend of $0.33 per share, with a rising dividend per share but declining earnings per share from 2019 to 2022.
The company's decision to distribute dividends despite a decrease in earnings per share indicates a focus on shareholder returns. However, the declining earnings trend could impact the company's ability to sustain or increase its cash dividend payouts in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100