ShinMaywa Industries Dividend
Dividend criteria checks 5/6
ShinMaywa Industries is a dividend paying company with a current yield of 3.79% 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
3.8%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Earnings per share | JP¥123.39 |
| Dividend yield forecast in 3Y | 3.8% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7224's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7224's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ShinMaywa Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7224) | 3.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast in 3 Years (7224) | 3.8% |
Notable Dividend: 7224's dividend (3.79%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7224's dividend (3.79%) is in the top 25% of dividend payers in the JP market (3.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), 7224's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.1%), 7224's dividend payments are well covered by cash flows.