GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (OTCPK:NEXNY) » Definitions » Forward Dividend Yield %

Nexans (Nexans) Forward Dividend Yield % : 2.09% (As of May. 17, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Nexans Forward Dividend Yield %?

As of today (2024-05-17), the Forward Annual Dividend Yield of Nexans is 2.09%.

As of today (2024-05-17), the Trailing Annual Dividend Yield of Nexans is 1.91%.

NEXNY's Forward Dividend Yield % is ranked better than
53.11% of 1851 companies
in the Industrial Products industry
Industry Median: 1.9 vs NEXNY: 2.09

Nexans's Dividends per Share for the six months ended in Dec. 2023 was $0.00.

During the past 12 months, Nexans's average Dividends Per Share Growth Rate was 75.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nexans was 58.70% per year. The lowest was -20.70% per year. And the median was 12.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Nexans's Forward Dividend Yield %

For the Electrical Equipment & Parts subindustry, Nexans's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Nexans's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nexans's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nexans's Forward Dividend Yield % falls into.



Nexans Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Nexans  (OTCPK:NEXNY) Forward Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nexans Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nexans's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexans (Nexans) Business Description

Traded in Other Exchanges
Address
8 rue du Général Foy, Paris, FRA, 75008
Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The transmission, distribution, and operators segment consists of power cables for energy infrastructure, as well as copper and optical fiber cables for public telecommunication networks. The industry segment refers to specialty cables for industrial customers, as well as cables for the shipbuilding, railroad, and aeronautical manufacturing industries, among others. The distributors and installers segment consists of equipment cables for the building market and private telecommunication networks. France, Germany, and Norway are the three biggest markets for the company.

Nexans (Nexans) Headlines