Shin Nippon Biomedical Laboratories Dividend
Dividend criteria checks 3/6
Shin Nippon Biomedical Laboratories is a dividend paying company with a current yield of 4.09% 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
4.1%
Dividend yield
38%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥50.000 |
Earnings per share | JP¥132.85 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Shin Nippon Biomedical Laboratories' (TSE:2395) Dividend Will Be ¥20.00
Jul 26Shin Nippon Biomedical Laboratories' (TSE:2395) Dividend Will Be ¥20.00
Jul 12Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00
Mar 12Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00
Feb 27Recent updates
Shin Nippon Biomedical Laboratories' (TSE:2395) Dividend Will Be ¥20.00
Jul 26Shin Nippon Biomedical Laboratories' (TSE:2395) Dividend Will Be ¥20.00
Jul 12Shin Nippon Biomedical Laboratories' (TSE:2395) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 21Shin Nippon Biomedical Laboratories, Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Shin Nippon Biomedical Laboratories (TSE:2395) Is Due To Pay A Dividend Of ¥30.00
Mar 12Shin Nippon Biomedical Laboratories (TSE:2395) Has Affirmed Its Dividend Of ¥30.00
Feb 27Upcoming Dividend Payment
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 |
---|---|
Company (2395) | 4.1% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Life Sciences) | 2.8% |
Analyst forecast in 3 Years (2395) | 4.6% |
Notable Dividend: 2395's dividend (4.09%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 2395's dividend (4.09%) is in the top 25% of dividend payers in the JP market (3.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.6%), 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.