Shinwa-holdings Dividend
Dividend criteria checks 4/6
Shinwa-holdings is a dividend paying company with a current yield of 4.71% that is well covered by earnings.
Key information
4.7%
Dividend yield
29%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥66.000 |
| Earnings per share | JP¥107.69 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 7118's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 7118's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shinwa-holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7118) | 4.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Hospitality) | 0.8% |
| Analyst forecast (7118) (up to 3 years) | n/a |
Notable Dividend: 7118's dividend (4.71%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 7118's dividend (4.71%) is in the top 25% of dividend payers in the JP market (3.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 7118's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.6%), 7118's dividend payments are covered by cash flows.