Shofu Dividend
Dividend criteria checks 4/6
Shofu is a dividend paying company with a current yield of 1.85% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.9%
Dividend yield
30%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥88.000 |
Earnings per share | JP¥206.00 |
Dividend yield forecast in 3Y | 2.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7979's dividends per share have been stable in the past 10 years.
Growing Dividend: 7979's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shofu Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7979) | 1.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Medical Equipment) | 1.0% |
Analyst forecast in 3 Years (7979) | 2.5% |
Notable Dividend: 7979's dividend (1.85%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 7979's dividend (1.85%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), 7979's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.3%), 7979's dividend payments are not well covered by cash flows.