Shin-Etsu PolymerLtd is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.2%
Dividend yield
44%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
28 Nov 24
Ex dividend date
27 Sep 24
Dividend per share
JP¥48.000
Earnings per share
JP¥107.43
Dividend yield forecast in 3Y
3.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7970's dividends per share have been stable in the past 10 years.
Growing Dividend: 7970's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shin-Etsu PolymerLtd Dividend Yield vs Market
How does 7970 dividend yield compare to the market?
Segment
Dividend Yield
Company (7970)
3.2%
Market Bottom 25% (JP)
1.7%
Market Top 25% (JP)
3.4%
Industry Average (Chemicals)
2.2%
Analyst forecast in 3 Years (7970)
3.6%
Notable Dividend: 7970's dividend (3.22%) is higher than the bottom 25% of dividend payers in the JP market (1.7%).
High Dividend: 7970's dividend (3.22%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 7970's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7970 is paying a dividend but the company has no free cash flows.