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Nitto Denko (Nitto Denko) Forward Dividend Yield % : 1.92% (As of Apr. 25, 2024)


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What is Nitto Denko Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Nitto Denko is 1.92%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Nitto Denko is 1.92%.

NDEKY's Forward Dividend Yield % is ranked worse than
53.51% of 1041 companies
in the Chemicals industry
Industry Median: 2.05 vs NDEKY: 1.92

Nitto Denko's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Nitto Denko's average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitto Denko was 35.70% per year. The lowest was -17.00% per year. And the median was 8.20% 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 Nitto Denko's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Nitto Denko'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.


Nitto Denko's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitto Denko's Forward Dividend Yield % distribution charts can be found below:

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



Nitto Denko Forward Dividend Yield % Calculation

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

Nitto Denko Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4342023-09-282023-09-292023-12-11Cash 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.

Nitto Denko's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.868/44.70
=1.94 %

Current Share Price is $44.70.
Nitto Denko's Dividends per Share for the forward twelve months is calculated as $0.434 * 2 = $0.868.

Nitto Denko's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.434/44.70
=0.97 %

Current Share Price is $44.70.
Nitto Denko's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.434.

* 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.


Nitto Denko  (OTCPK:NDEKY) 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.


Nitto Denko Forward Dividend Yield % Related Terms

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Nitto Denko (Nitto Denko) Business Description

Traded in Other Exchanges
Address
4-20, Ofuka-Cho, 33rd Floor, Grand Front Osaka, Kita-Ku, Osaka, JPN, 530-0011
Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.

Nitto Denko (Nitto Denko) Headlines

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