Shin Nippon Biomedical Laboratories Dividends and Buybacks
Dividend criteria checks 2/6
Shin Nippon Biomedical Laboratories is a dividend paying company with a current yield of 3.34% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 28.5% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.300 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, YB3 has been paying a dividend for less than 10 years.
Growing Dividend: YB3's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shin Nippon Biomedical Laboratories Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (YB3) | 3.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Life Sciences) | 0.7% |
| Analyst forecast (YB3) (up to 3 years) | 3.3% |
Notable Dividend: YB3's dividend (3.34%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: YB3's dividend (3.34%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), YB3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: YB3 is paying a dividend but the company has no free cash flows.