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Neste OYJ (Neste OYJ) Forward Dividend Yield % : 5.14% (As of Apr. 30, 2024)


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What is Neste OYJ Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Neste OYJ is 5.14%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Neste OYJ is 5.14%.

NTOIY's Forward Dividend Yield % is ranked better than
60.04% of 498 companies
in the Oil & Gas industry
Industry Median: 4.24 vs NTOIY: 5.14

Neste OYJ's Dividends per Share for the three months ended in Mar. 2024 was $0.32.

During the past 12 months, Neste OYJ's average Dividends Per Share Growth Rate was 20.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Neste OYJ was 37.90% per year. The lowest was -34.80% per year. And the median was 19.05% 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 Neste OYJ's Forward Dividend Yield %

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's Forward Dividend Yield % distribution charts can be found below:

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



Neste OYJ Forward Dividend Yield % Calculation

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

Neste OYJ Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3222024-04-012024-04-022024-04-24Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2702023-09-282023-09-292023-10-23Cash Dividendsemi-annuallyUSD:USD 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.

Neste OYJ's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.644/11.51
=5.60 %

Current Share Price is $11.51.
Neste OYJ's Dividends per Share for the forward twelve months is calculated as $0.322 * 2 = $0.644.

Neste OYJ's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.592/11.51
=5.14 %

Current Share Price is $11.51.
Neste OYJ's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.592.

* 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.


Neste OYJ  (OTCPK:NTOIY) 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.


Neste OYJ Forward Dividend Yield % Related Terms

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Neste OYJ (Neste OYJ) Business Description

Industry
Address
Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.