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Chugoku Electric Power Co (TSE:9504) Forward Dividend Yield % : 2.88% (As of Apr. 29, 2024)


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What is Chugoku Electric Power Co Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Chugoku Electric Power Co is 2.88%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Chugoku Electric Power Co is 2.88%.

TSE:9504's Forward Dividend Yield % is ranked worse than
57.87% of 235 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.48 vs TSE:9504: 2.88

Chugoku Electric Power Co's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Chugoku Electric Power Co's average Dividends Per Share Growth Rate was -66.70% per year.

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

For the Utilities - Renewable subindustry, Chugoku Electric Power Co'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.


Chugoku Electric Power Co's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Chugoku Electric Power Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Chugoku Electric Power Co's Forward Dividend Yield % falls into.



Chugoku Electric Power Co Forward Dividend Yield % Calculation

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

Chugoku Electric Power Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 25.0002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 5.0002023-09-282023-09-302023-11-30Cash 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.

Chugoku Electric Power Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10/1040.00
=0.96 %

Current Share Price is 円1040.00.
Chugoku Electric Power Co's Dividends per Share for the forward twelve months is calculated as 円5 * 2 = 円10.

Chugoku Electric Power Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=30/1040.00
=2.88 %

Current Share Price is 円1040.00.
Chugoku Electric Power Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円30.

* 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.


Chugoku Electric Power Co  (TSE:9504) 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.


Chugoku Electric Power Co Forward Dividend Yield % Related Terms

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Chugoku Electric Power Co (TSE:9504) Business Description

Traded in Other Exchanges
Address
4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701
Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

Chugoku Electric Power Co (TSE:9504) Headlines

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