Shinagawa Refractories Dividends and Buybacks
Dividend criteria checks 6/6
Shinagawa Refractories is a dividend paying company with a current yield of 5.44% 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
5.4%
Dividend yield
3.0%
Buyback Yield
| Total Shareholder Yield | 8.4% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 8.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Payout ratio | 15% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5351's dividends per share have been stable in the past 10 years.
Growing Dividend: 5351's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinagawa Refractories Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5351) | 5.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Basic Materials) | 2.9% |
| Analyst forecast (5351) (up to 3 years) | 5.4% |
Notable Dividend: 5351's dividend (5.44%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 5351's dividend (5.44%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 5351's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.6%), 5351's dividend payments are covered by cash flows.