Shinwa Dividend
Dividend criteria checks 4/6
Shinwa is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.3%
Dividend yield
79%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥32.000 |
| Earnings per share | JP¥40.55 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
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 6 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) | 3.7% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast (3447) (up to 3 years) | n/a |
Notable Dividend: 3447's dividend (4.27%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 3447's dividend (4.27%) is in the top 25% of dividend payers in the JP market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), 3447's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), 3447's dividend payments are well covered by cash flows.