Ship Healthcare Hold Dividend yield

Ship Healthcare Hold is part of Health Care Equip. and Services business, which is part of Health Care industry. Ship Healthcare Hold is a company from Japan, and his stocks are publicly traded.

Ship Healthcare Hold stock dividend

Ship Healthcare Hold paid a total dividend of 3,958 million JPY last year, for a market value of 232,838 millions (Market Cap 192,663 millions). Ship Healthcare Hold dividend per share is 42.11 JPY, and his stock market price 2,477.00 JPY.

According to the chart below, where dividend yield is displayed, Ship Healthcare Hold has a dividend yield of 1.70%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Ship Healthcare Hold stocks dividend with other Health Care Equip. and Services companies or other of the high Japan dividend stocks list.

Ship Healthcare Hold Dividend Payout

About the ability of Ship Healthcare Hold to maintain his current dividend of JPY 42.11 per share, an amount that accounts for 1.70%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ship Healthcare Hold payout on ernings is currently 32.98%, which is lower than the market average, but higher than companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Ship Healthcare Hold is in a good position to keep maintaining his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Ship Healthcare Hold is JPY 149.22 per share, which is higher than the dividend per share paid by the company of JPY 42.11, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ship Healthcare Hold, compared againt world market average, Japan companies, Health Care industry and Health Care Equip. and Services sector companies.

Ship Healthcare Hold Dividend History

Below you will find a table with the historical evolution of Ship Healthcare Hold's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	1.70%	42.11	32.98%	94
2022	1.53%	41.13	31.83%	94
2021	2.99%	80.13	61.59%	94
2020	1.31%	75.19	30.26%	47

*In millions

Ship Healthcare Hold Stock performance

Finally, last moth Ship Healthcare Hold showed a return of 7.50% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -5.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Health Care Equip. and Services firms.