Shin Nippon Biomedical Laboratories Dividend
Dividend criteria checks 2/6
Shin Nippon Biomedical Laboratories is a dividend paying company with a current yield of 4.35% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.3%
Dividend yield
49%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €50.000 |
| Earnings per share | €102.81 |
| Dividend yield forecast | 4.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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 5 years.
Dividend Yield vs Market
| Shin Nippon Biomedical Laboratories Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (YB3) | 4.3% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Life Sciences) | 0.6% |
| Analyst forecast (YB3) (up to 3 years) | 4.9% |
Notable Dividend: YB3's dividend (4.35%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: YB3's dividend (4.35%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), YB3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: YB3 is paying a dividend but the company has no free cash flows.