Sincere Dividends and Buybacks
Dividend criteria checks 3/6
Sincere is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.0% |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥12.000 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7782 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 7782's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Sincere Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7782) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Medical Equipment) | 1.0% |
| Analyst forecast (7782) (up to 3 years) | n/a |
Notable Dividend: 7782's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7782's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), 7782's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.2%), 7782's dividend payments are thoroughly covered by cash flows.