Shinwa Dividend

Dividend criteria checks 4/6

Shinwa is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 17th November, 2024 with an ex-dividend date of 29th August, 2024.

Key information

3.5%

Dividend yield

28%

Payout ratio

Industry average yield2.2%
Next dividend pay date17 Nov 24
Ex dividend date29 Aug 24
Dividend per sharen/a
Earnings per shareJP¥191.86
Dividend yield forecast in 3Y3.5%

Recent dividend updates

Shinwa (TSE:7607) Will Pay A Dividend Of ¥50.00

Feb 26
Shinwa (TSE:7607) Will Pay A Dividend Of ¥50.00

Recent updates

Shinwa (TSE:7607) Will Pay A Dividend Of ¥50.00

Feb 26
Shinwa (TSE:7607) Will Pay A Dividend Of ¥50.00

Upcoming Dividend Payment

TodayJun 22 2024Ex Dividend DateAug 29 2024Dividend Pay DateNov 17 202480 days from Ex DividendBuy in the next 68 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 7607's dividend payments have been volatile in the past 10 years.

Growing Dividend: 7607's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shinwa Dividend Yield vs Market
How does 7607 dividend yield compare to the market?
SegmentDividend Yield
Company (7607)3.5%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.4%
Industry Average (Machinery)2.2%
Analyst forecast in 3 Years (7607)3.5%

Notable Dividend: 7607's dividend (3.55%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).

High Dividend: 7607's dividend (3.55%) is in the top 25% of dividend payers in the JP market (3.44%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.1%), 7607's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 7607 is paying a dividend but the company has no free cash flows.


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