
Shimadzu Corporation
SHMZFTechnology · Scientific & Technical Instruments · Stock · semiannual payer
Forward Yield
2.35%
Annual Dividend
$0.55
Payout Ratio
30%
5-Yr Growth
17.4%
Ex-Date
Mar 30, 2027
Frequency
Semiannual
Key facts about SHMZF's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Shimadzu Corporation (SHMZF) has a forward dividend yield of 2.35%, based on an annual dividend of $0.55 per share and a share price of $23.36.
- As of Oct 27, 2026, SHMZF's dividend safety grade from SmarterDividends is B (71 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Shimadzu Corporation (SHMZF) has raised its dividend for 5 consecutive years as of Oct 27, 2026.
- SHMZF has never cut its regular dividend in the payment history SmarterDividends has on record.
- SHMZF's next ex-dividend date is Mar 30, 2027, with payment on Apr 13, 2027. Shares must be owned before that date to receive the dividend.
- As of Oct 27, 2026, SHMZF pays out 30% of its trailing 12-month earnings as dividends (its payout ratio).
- SHMZF's dividend has grown at an average rate of 17.4% a year over the past five years.
- As of Oct 27, 2026, SHMZF's 2.35% yield is 102% above its five-year average yield of 1.16%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for SHMZF is $26.03 per share, 11% above the $23.36 share price, so SHMZF screens as fairly valued.
- Shimadzu Corporation (SHMZF) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "SHMZF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/SHMZF
Summary
As of Oct 27, 2026, Shimadzu Corporation (SHMZF) yields 2.35% ($0.55 a year per share), has a dividend safety grade of B (71/100) and has 5 consecutive years of dividend increases on record.
Is SHMZF a good dividend stock?
Yes, with caveatsShimadzu Corporation (SHMZF) pays a semiannual dividend yielding 2.35% ($0.55/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (30%)
- Strong 17.4% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.35%
- Payout Ratio
- 30%
- Annual Dividend
- $0.55
- 5-Yr Avg Growth
- 17.4%
- Ex-Dividend Date
- Mar 30, 2027
- Years of Growth
- 5
- Frequency
- semiannual
- Beta
- 0.74
- Market Cap
- $6.7B
- P/E Ratio
- 15.8
- 5-Yr Total Return
- -43%
- 52-Week Range
- $23.36 – $28.12
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
SHMZF dividend changes
Shimadzu Corporation (SHMZF) pays a variable dividend: across the 21 payments on record since 2015, 14 were higher than the one before and 1 lower. The latest change was up 3.2% to $0.171 per share, going ex-dividend on Sep 29, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 29, 2026 | Higher | $0.166 → $0.171 | +3.2% |
| Sep 29, 2025 | Lower | $0.230 → $0.171 | −25.4% |
| Sep 27, 2024 | Higher | $0.153 → $0.166 | +8.3% |
| Mar 28, 2024 | Higher | $0.204 → $0.230 | +12.5% |
| Sep 28, 2023 | Higher | $0.140 → $0.153 | +9.1% |
| Mar 30, 2023 | Higher | $0.179 → $0.204 | +14.3% |
| Sep 29, 2022 | Higher | $0.128 → $0.140 | +10.0% |
| Mar 30, 2022 | Higher | $0.0957 → $0.179 | +86.7% |
| Sep 29, 2021 | Higher | $0.0957 → $0.128 | +33.3% |
| Sep 27, 2019 | Higher | $0.0829 → $0.0957 | +15.4% |
| Mar 27, 2019 | Higher | $0.0638 → $0.0957 | +50.0% |
| Mar 28, 2018 | Higher | $0.0638 → $0.0829 | +30.0% |
Frequently Asked Questions
Is SHMZF a good dividend stock?
Yes, with caveats. Shimadzu Corporation (SHMZF) pays a semiannual dividend yielding 2.35% ($0.55/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is SHMZF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHMZF's fair value is about $26.03 versus a $23.36 share price — so it looks fairly valued (+11% vs. fair value).
Is SHMZF's dividend safe?
SHMZF has a dividend-safety grade of B (71/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is SHMZF's fair value?
Our blended fair-value estimate for SHMZF is about $26.03 per share, roughly 11% above the current $23.36 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SHMZF a buy, hold, or sell?
We don't issue formal ratings, but on the data SHMZF screens as "yes, with caveats" and fairly valued. Shimadzu Corporation (SHMZF) pays a semiannual dividend yielding 2.35% ($0.55/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will SHMZF cut its dividend?
SHMZF earns a dividend-safety grade of B (71/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SHMZF pay a dividend?
Yes. Shimadzu Corporation pays a semiannual dividend of about $0.55 per share annually, a forward yield of roughly 2.35%.
What is SHMZF's dividend yield?
As of Oct 27, 2026, SHMZF's forward dividend yield is 2.35%, based on a $0.55 annual dividend and a $23.36 share price.
What is SHMZF's dividend per share?
As of Oct 27, 2026, SHMZF pays $0.55 per share per year, distributed on a semiannual basis.
What is SHMZF's dividend payout ratio?
As of Oct 27, 2026, SHMZF's payout ratio is 30% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SHMZF grown its dividend?
As of Oct 27, 2026, SHMZF has increased its dividend for 5 consecutive years.
When is the next SHMZF ex-dividend date?
As of Oct 27, 2026, the next ex-dividend date on record for SHMZF is Mar 30, 2027.
SHMZF Price — Last 12 Months
Daily close
Price Return
1 Year
-17%
3 Years
-11%
5 Years
-43%
52-Week Range
$23.36 – $28.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHMZF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Shimadzu Corporation is $26.03 per share, versus a market price of $23.36. That implies the stock is roughly fairly priced.
Fair Value
$26.03
Current Price
$23.36
Gap
+11%
Margin of Safety
10%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.48 EPS, $0.54 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHMZF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full SHMZF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 29, 2026 | — | $0.1712 | regular |
| Mar 30, 2026 | — | $0.2662 | regular |
| Sep 29, 2025 | — | $0.1712 | regular |
| Mar 28, 2025 | — | $0.2551 | regular |
| Sep 27, 2024 | — | $0.1658 | regular |
| Mar 28, 2024 | Jun 27, 2024 | $0.2296 | regular |
| Sep 28, 2023 | Dec 4, 2023 | $0.1530 | regular |
| Mar 30, 2023 | Jun 29, 2023 | $0.2041 | regular |
| Sep 29, 2022 | Dec 2, 2022 | $0.1403 | regular |
| Mar 30, 2022 | Jun 29, 2022 | $0.1786 | regular |
| Sep 29, 2021 | Dec 2, 2021 | $0.1275 | regular |
| Sep 29, 2020 | Dec 2, 2020 | $0.0957 | regular |
| Mar 30, 2020 | Jun 26, 2020 | $0.0957 | regular |
| Sep 27, 2019 | Dec 3, 2019 | $0.0957 | regular |
Income Calculator
At $0.55 / yr per share
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