Shin Nippon Biomedical Laboratories, Ltd.

TSE:2395 Stock Report

Market Cap: JP¥56.4b

Shin Nippon Biomedical Laboratories Dividend

Dividend criteria checks 3/6

Shin Nippon Biomedical Laboratories is a dividend paying company with a current yield of 3.69% that is well covered by earnings.

Key information

3.7%

Dividend yield

38%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareJP¥132.85
Dividend yield forecast in 3Y4.4%

Recent dividend updates

Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00

Mar 12
Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00

Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00

Feb 27
Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00

Recent updates

Shin Nippon Biomedical Laboratories' (TSE:2395) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 21
Shin Nippon Biomedical Laboratories' (TSE:2395) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Shin Nippon Biomedical Laboratories, Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 10
Shin Nippon Biomedical Laboratories, Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00

Mar 12
Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00

Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00

Feb 27
Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00

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
How does 2395 dividend yield compare to the market?
SegmentDividend Yield
Company (2395)3.7%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.4%
Industry Average (Life Sciences)2.7%
Analyst forecast in 3 Years (2395)4.4%

Notable Dividend: 2395's dividend (3.69%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).

High Dividend: 2395's dividend (3.69%) is in the top 25% of dividend payers in the JP market (3.4%)


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.


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