Jet2 (DRTGF) Dividend Payout Ratio : 0.04 (As of Sep. 2023)

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What is Jet2 Dividend Payout Ratio?

Jet2's dividend payout ratio for the months ended in Sep. 2023 was 0.04.

The historical rank and industry rank for Jet2's Dividend Payout Ratio or its related term are showing as below:

DRTGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.14
Current: 0.06

During the past 13 years, the highest Dividend Payout Ratio of Jet2 was 0.14. The lowest was 0.02. And the median was 0.08.

DRTGF's Dividend Payout Ratio is ranked better than
96.48% of 284 companies
in the Travel & Leisure industry
Industry Median: 0.37 vs DRTGF: 0.06

As of today (2024-04-25), the Dividend Yield % of Jet2 is 0.80%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jet2 was 2.20%. The lowest was 0.20%. And the median was 0.66%.

Jet2's Dividends per Share for the months ended in Sep. 2023 was $0.10.

During the past 3 years, the average Dividends Per Share Growth Rate was -33.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jet2 was 44.20% per year. The lowest was -33.90% per year. And the median was 15.55% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Jet2 Dividend Payout Ratio Historical Data

The historical data trend for Jet2's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jet2 Dividend Payout Ratio Chart

Jet2 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.10

0.08

0.02

Jet2 Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.04

Competitive Comparison of Jet2's Dividend Payout Ratio

For the Travel Services subindustry, Jet2's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jet2's Dividend Payout Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jet2's Dividend Payout Ratio falls into.

Jet2 Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Jet2's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.036	/	1.526
	=	0.02

Jet2's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.099	/	2.565
	=	0.04

Jet2 (OTCPK:DRTGF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Jet2 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Jet2's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jet2 (DRTGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jet2 PLC (OTCPK:DRTGF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

JET2:UK JET2:UK DG1:Germany

Address

Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU

Website

https://www.jet2plc.com

Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.