Shin Nippon Air dividend yield – Shin Nippon Air Technologies Declares 55.0 Cash Dividend
March 18, 2023
Dividends Yield
Shin Nippon Air ($TSE:1952) Technologies is a promising investment opportunity for those seeking dividend-yielding stocks. On March 2nd 2023, the Japanese aviation and aerospace engineering corporation announced its 55.0 JPY cash dividend per share, representing a 2.47% yield for investors. This follows a three-year trend over which the company has consistently paid out dividends, with an average yield of 2.99%. In the past three years, Shin Nippon Air Technologies has declared dividends of 65.0, 65.0 and 55.0 JPY per share respectively.
The ex-dividend date for this cash dividend has been set to March 30th 2023. As the company has demonstrated over the past three years, it is committed to offering a consistent dividend to its investors. With its latest announcement of 55.0 JPY cash dividend per share, it stands as an attractive option for investors who are looking for good returns.
Market Price
On the same day, SHIN’s stock opened at JP¥1983.0 and closed at JP¥1978.0. This closing price was 0.4% higher than what it closed at on the previous day, which was JP¥1971.0. This dividend is a reflection of the company’s strong financial performance and its commitment to sharing the rewards with its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shin Nippon Air. More…
| Total Revenues | Net Income | Net Margin |
| 109.22k | 5.12k | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shin Nippon Air. More…
| Operations | Investing | Financing |
| 5.02k | 414 | -4.41k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shin Nippon Air. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 92.03k | 36.34k | 2.4k |
Key Ratios Snapshot
Some of the financial key ratios for Shin Nippon Air are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.9% | 12.6% | 6.8% |
| FCF Margin | ROE | ROA |
| 4.0% | 8.3% | 5.0% |
Analysis – Shin Nippon Air Stock Intrinsic Value
At GoodWhale, we’ve analyzed the fundamentals of SHIN NIPPON AIR TECHNOLOGIES and generated a Valuation Line, which determines the intrinsic value of the share. Based on this, we determine the intrinsic value of SHIN NIPPON AIR TECHNOLOGIES share to be around JP¥2096.4. At the current market price of JP¥1978.0, SHIN NIPPON AIR TECHNOLOGIES is undervalued by 5.6%. Therefore, we believe it to be a good opportunity for investors to invest in SHIN NIPPON AIR TECHNOLOGIES at this fair price. More…
Peers
The competition between Shin Nippon Air Technologies Co Ltd and its competitors, Techno Ryowa Ltd, Kyoritsu Air Tech Inc, and Yamato Corp, is fierce. All four companies strive to produce the most advanced air technologies and are continuously advancing their technological capabilities to maintain their competitive edge in the industry. This competition has led to incredible innovation and advancements in air technologies, benefitting both consumers and the industry as a whole.
– Techno Ryowa Ltd ($TSE:1965)
Techno Ryowa Ltd is a leading global provider of innovative products and services in the consumer electronics industry. The company has a market capitalization of 19.35 billion as of 2023, indicating it is a large-cap stock. Its Return on Equity (ROE) of 4.89% is an indication of its strong financial performance, which is driven by efficient utilization of its shareholders’ funds. The company focuses on developing innovative consumer-centric products such as smartphones, tablets, and audio equipment, and also provides an array of services such as installation, repair, and repair support. Techno Ryowa is committed to delivering high quality products and services to its customers worldwide.
– Kyoritsu Air Tech Inc ($TSE:5997)
Kyoritsu Air Tech Inc is a leading manufacturer of air handling equipment for residential and commercial applications. The company has a market capitalization of 2.34 billion as of 2023, making it one of the larger players in the industry. Kyoritsu Air Tech Inc also has a Return on Equity (ROE) of 4.44%, which indicates that it is generating a solid return on its shareholders’ investments. The company is well-positioned to continue growing its revenue and market share in the years ahead.
– Yamato Corp ($TSE:1967)
Yamato Corporation is a leading Japanese freight and logistics provider, offering a diverse range of services from air and sea transport to express courier services. The company has seen significant growth in recent years, reflected in its market capitalization of 21.04 billion as of 2023. In addition, Yamato Corporation boasts a Return on Equity of 4.6%, indicating the company’s financial health and efficiency. The company’s experienced employees and its commitment to innovation have enabled it to continue growing and providing quality services to its customers.
Summary
SHIN NIPPON AIR TECHNOLOGIES is a good dividend stock for investors looking for an income return on their investments. The return on this stock is relatively consistent and provides investors with a steady stream of income. Investors should consider the company’s financial state and potential for future growth before investing in this stock.
