Shinwa Dividend
Dividend criteria checks 4/6
Shinwa is a dividend paying company with a current yield of 3.87% 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
3.9%
Dividend yield
28%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 17 Nov 24 |
Ex dividend date | 29 Aug 24 |
Dividend per share | JP¥100.000 |
Earnings per share | JP¥190.89 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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 |
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Segment | Dividend Yield |
---|---|
Company (7607) | 3.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (7607) | 3.9% |
Notable Dividend: 7607's dividend (3.87%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 7607's dividend (3.87%) is in the top 25% of dividend payers in the JP market (3.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 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.