Sinko Industries Dividend
Dividend criteria checks 5/6
Sinko Industries is a dividend paying company with a current yield of 3.18% 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
3.2%
Dividend yield
37%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | n/a |
Earnings per share | JP¥268.35 |
Dividend yield forecast in 3Y | 4.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6458's dividends per share have been stable in the past 10 years.
Growing Dividend: 6458's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sinko Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6458) | 3.2% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Building) | 2.2% |
Analyst forecast in 3 Years (6458) | 4.5% |
Notable Dividend: 6458's dividend (3.18%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6458's dividend (3.18%) is low compared to the top 25% of dividend payers in the JP market (3.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 6458's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.9%), 6458's dividend payments are covered by cash flows.