BJ's Restaurants (BJRI) Dividends
Market Cap: $741.12M
Avg Volume: 362.42K
Industry: Restaurants
Sector: Consumer Cyclical
Dividend Overview
BJ's Restaurants (BJRI) pays a quarterly dividend to its shareholders. The current dividend yield is 1.95%, which means that for every $100 invested at the current price, investors would receive approximately $1.95 in dividends per year (this can change based on future dividend payments and price movements).
About BJRI's Dividend
BJ's Restaurants pays a quarterly dividend of $0.30 per share, which totals $1.18 annually. This means that for each share you own, you'll receive $1.18 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was March 09, 2020. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
BJ's Restaurants's payout ratio is 0.00% which means that 0.00% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
BJ's Restaurants's dividend has grown by 0.59% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
BJRI Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.13 | 1.95% | March 09, 2020 | March 10, 2020 | March 24, 2020 | February 18, 2020 |
| $0.13 | 1.22% | November 07, 2019 | November 11, 2019 | November 25, 2019 | October 21, 2019 |
| $0.12 | 1.28% | August 09, 2019 | August 12, 2019 | August 26, 2019 | July 22, 2019 |
| $0.12 | 0.95% | May 10, 2019 | May 13, 2019 | May 27, 2019 | April 22, 2019 |
| $0.12 | 0.96% | March 11, 2019 | March 12, 2019 | March 26, 2019 | February 19, 2019 |
| $0.12 | 0.68% | November 08, 2018 | November 12, 2018 | November 26, 2018 | October 22, 2018 |
| $0.11 | 0.52% | August 10, 2018 | August 13, 2018 | August 27, 2018 | July 23, 2018 |
| $0.11 | 0.41% | May 11, 2018 | May 14, 2018 | May 28, 2018 | April 24, 2018 |
| $0.11 | 0.25% | March 12, 2018 | March 13, 2018 | March 27, 2018 | February 20, 2018 |
| $0.11 | 0.35% | November 10, 2017 | November 13, 2017 | December 04, 2017 | October 24, 2017 |
Dividend Growth
BJ's Restaurants (BJRI) dividend payments have grown 59.38% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for BJRI
- Dividend Payout Ratio: 0.00% Low risk
- Dividend & Capex Coverage Ratio: 1.32x Adequate coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: 0.59% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. BJ's Restaurants's payout ratio is 0.00% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.32x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio above 1.0x indicates BJ's Restaurants can cover its dividends and necessary investments from its operating cash flow, but has limited cushion.
BJ's Restaurants's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
BJ's Restaurants's dividend growth rate of 0.59% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.