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Nitto Denko (Nitto Denko) 3-Year Dividend Growth Rate : 6.30% (As of Dec. 2023)


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What is Nitto Denko 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Nitto Denko's 3-Year Dividend Growth Rate or its related term are showing as below:

NDEKY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17   Med: 8.2   Max: 35.7
Current: 6.3

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.

NDEKY's 3-Year Dividend Growth Rate is ranked worse than
56.47% of 696 companies
in the Chemicals industry
Industry Median: 9.15 vs NDEKY: 6.30

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Nitto Denko's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Nitto Denko's Dividend Yield % is 1.95%.

Warning Sign:

Nitto Denko Corp stock dividend yield is close to 5-year low.

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


Competitive Comparison of Nitto Denko's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Nitto Denko's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitto Denko's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nitto Denko's 3-Year Dividend Growth Rate falls into.



Nitto Denko 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Nitto Denko  (OTCPK:NDEKY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nitto Denko's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.91
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Nitto Denko was 0.66. The lowest was 0.26. And the median was 0.33.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.434/43.51
=1.00 %

Current Share Price is $43.51.
Nitto Denko's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.434.

During the past 13 years, the highest Dividend Yield of Nitto Denko was 4.49%. The lowest was 1.15%. And the median was 2.17%.

Warning Sign:

Nitto Denko Corp stock dividend yield is close to 5-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


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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