Shinwa Dividend
Dividend criteria checks 3/6
Shinwa is a dividend paying company with a current yield of 4.26%.
Key information
4.3%
Dividend yield
109%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥29.45 |
Dividend yield forecast in 3Y | 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 |
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Segment | Dividend Yield |
---|---|
Company (3447) | 4.3% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Machinery) | 2.2% |
Analyst forecast in 3 Years (3447) | n/a |
Notable Dividend: 3447's dividend (4.26%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 3447's dividend (4.26%) is in the top 25% of dividend payers in the JP market (3.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.6%), 3447's dividend payments are not well 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.