If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shine Justice Ltd is 2.632, which seems too high.
During the past 11 years, the highest Dividend Payout Ratio of Shine Justice was 2.63. The lowest was 0.11. And the median was 0.30.
During the past 12 months, Shine Justice's average Dividends Per Share Growth Rate was -75.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Shine Justice was 24.80% per year. The lowest was -3.00% per year. And the median was 17.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Shine Justice Dividend Yield % Historical Data
The historical data trend for Shine Justice's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Shine Justice's Dividend Yield %
For the Personal Services subindustry, Shine Justice's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shine Justice's Dividend Yield % Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Shine Justice's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shine Justice's Dividend Yield % falls into.
Shine Justice Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Shine Justice Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.015
2024-03-07
2024-03-08
2024-03-22
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Shine Justice's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.015
/
0.70
=
2.14 %
Current Share Price is A$0.70. Shine Justice's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.015.
Shine Justice's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.03
/
0.70
=
4.29 %
Current Share Price is A$0.70. Shine Justice's Dividends per Share for the forward twelve months is calculated as A$0.015 * 2 = A$0.03.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Shine Justice's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shine Justice Ltd offers legal services. It operates through the following business: Personal injury and New Practice Areas. The firm generates the majority of its revenue from the Personal injury segment. Its Personal injury segment includes motor vehicle accidents; worker's compensation; public liability and catastrophic injuries.
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