ShinMaywa Industries Dividend
Dividend criteria checks 4/6
ShinMaywa Industries is a dividend paying company with a current yield of 3.5% 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
3.5%
Dividend yield
38%
Payout ratio
Industry average yield | 2.6% |
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 | 3.5% |
Recent dividend updates
ShinMaywa Industries (TSE:7224) Is Increasing Its Dividend To ¥25.00
Sep 21ShinMaywa Industries' (TSE:7224) Upcoming Dividend Will Be Larger Than Last Year's
Sep 03ShinMaywa Industries (TSE:7224) Is Paying Out A Larger Dividend Than Last Year
Jul 25ShinMaywa Industries' (TSE:7224) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Recent updates
ShinMaywa Industries (TSE:7224) Is Increasing Its Dividend To ¥25.00
Sep 21ShinMaywa Industries' (TSE:7224) Upcoming Dividend Will Be Larger Than Last Year's
Sep 03ShinMaywa Industries (TSE:7224) Is Paying Out A Larger Dividend Than Last Year
Jul 25ShinMaywa Industries' (TSE:7224) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Stability 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) | 3.5% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Machinery) | 2.6% |
Analyst forecast (7224) (up to 3 years) | 3.5% |
Notable Dividend: 7224's dividend (3.5%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 7224's dividend (3.5%) is low compared to the top 25% of dividend payers in the JP market (3.76%).
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.