Shinwa Dividends and Buybacks
Dividend criteria checks 3/6
Shinwa is a dividend paying company with a current yield of 4.31% that is well covered by earnings. Next payment date is on 10th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
4.3%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.1% |
| Next dividend pay date | 10 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥32.000 |
| Payout ratio | 37% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3447 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3447 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Shinwa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3447) | 4.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (3447) (up to 3 years) | n/a |
Notable Dividend: 3447's dividend (4.31%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3447's dividend (4.31%) is in the top 25% of dividend payers in the JP market (3.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 3447's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3447 is paying a dividend but the company has no free cash flows.