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Tomen Devices (TSE:2737) Forward Dividend Yield % : 6.94% (As of May. 18, 2024)


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What is Tomen Devices Forward Dividend Yield %?

As of today (2024-05-18), the Forward Annual Dividend Yield of Tomen Devices is 6.94%.

As of today (2024-05-18), the Trailing Annual Dividend Yield of Tomen Devices is 2.89%.

TSE:2737's Forward Dividend Yield % is ranked better than
96.22% of 529 companies
in the Semiconductors industry
Industry Median: 1.53 vs TSE:2737: 6.94

Tomen Devices's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tomen Devices was 49.40% per year. The lowest was -7.20% per year. And the median was 21.60% 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 Tomen Devices's Forward Dividend Yield %

For the Semiconductors subindustry, Tomen Devices'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.


Tomen Devices's Forward Dividend Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tomen Devices's Forward Dividend Yield % distribution charts can be found below:

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



Tomen Devices Forward Dividend Yield % Calculation

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

Tomen Devices Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 200.0000002024-03-282024-03-312024-06-26Cash Dividendsemi-annuallyJPY:JPY 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.

Tomen Devices's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=400/6920.00
=5.78 %

Current Share Price is 円6920.00.
Tomen Devices's Dividends per Share for the forward twelve months is calculated as 円200 * 2 = 円400.

Tomen Devices's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=200/6920.00
=2.89 %

Current Share Price is 円6920.00.
Tomen Devices's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円200.

* 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.


Tomen Devices  (TSE:2737) 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.


Tomen Devices Forward Dividend Yield % Related Terms

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Tomen Devices (TSE:2737) Business Description

Traded in Other Exchanges
N/A
Address
8-12, Harumi 1-chome, Chuo-ku, Tokyo, JPN, 104-6230
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.

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