Shin Nippon Biomedical Laboratories Dividend
Dividend criteria checks 3/6
Shin Nippon Biomedical Laboratories is a dividend paying company with a current yield of 3.57% that is well covered by earnings.
Key information
3.6%
Dividend yield
38%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥132.85 |
Dividend yield forecast in 3Y | 5.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2395 has been paying a dividend for less than 10 years.
Growing Dividend: 2395's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Shin Nippon Biomedical Laboratories Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (2395) | 3.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Life Sciences) | 2.5% |
Analyst forecast in 3 Years (2395) | 5.0% |
Notable Dividend: 2395's dividend (3.57%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2395's dividend (3.57%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.8%), 2395's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2395 is paying a dividend but the company has no free cash flows.