Shinden Hightex Dividends and Buybacks
Dividend criteria checks 5/6
Shinden Hightex is a dividend paying company with a current yield of 4.89% that is well covered by earnings. Next payment date is on 26th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
5.0%
Dividend yield
3.7%
Buyback Yield
| Total Shareholder Yield | 8.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.9% |
| Next dividend pay date | 26 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥125.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Shinden Hightex Corporation (TSE:3131) May Have Run Too Fast Too Soon With Recent 38% Price Plummet
Aug 05
There's Been No Shortage Of Growth Recently For Shinden Hightex's (TSE:3131) Returns On Capital
Aug 03Does Shinden Hightex Corporation (TYO:3131) Have A Place In Your Dividend Portfolio?
Apr 22Returns On Capital At Shinden Hightex (TYO:3131) Have Stalled
Mar 27Shinden Hightex (TYO:3131) Has A Rock Solid Balance Sheet
Feb 16
Is Shinden Hightex Corporation (TYO:3131) A Strong Dividend Stock?
Jan 21Is Shinden Hightex (TYO:3131) Set To Make A Turnaround?
Dec 26Does Shinden Hightex (TYO:3131) Have A Healthy Balance Sheet?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3131's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3131's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinden Hightex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3131) | 5.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electronic) | 1.7% |
| Analyst forecast (3131) (up to 3 years) | n/a |
Notable Dividend: 3131's dividend (4.89%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3131's dividend (4.89%) 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 (16.6%), 3131's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.7%), 3131's dividend payments are well covered by cash flows.