Shinwa Wise HoldingsLtd Dividend
Dividend criteria checks 3/6
Shinwa Wise HoldingsLtd is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
31%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | 30 May 24 |
Dividend per share | n/a |
Earnings per share | -JP¥12.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2437's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2437's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shinwa Wise HoldingsLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (Shinwa Wise HoldingsLtd) | 2.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Consumer Services) | 2.2% |
Analyst forecast in 3 Years (Shinwa Wise HoldingsLtd) | n/a |
Notable Dividend: 2437's dividend (2.4%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2437's dividend (2.4%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 2437's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2437 is paying a dividend but the company has no free cash flows.