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Nippon Gas Co (FRA:NG0) Dividend Yield % : 3.19% (As of May. 17, 2024)


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What is Nippon Gas Co Dividend Yield %?

As of today (2024-05-17), the Trailing Annual Dividend Yield of Nippon Gas Co is 3.19%.

The historical rank and industry rank for Nippon Gas Co's Dividend Yield % or its related term are showing as below:

FRA:NG0' s Dividend Yield % Range Over the Past 10 Years
Min: 0.61   Med: 1.34   Max: 3.72
Current: 3.19

During the past 13 years, the highest Dividend Yield of Nippon Gas Co was 3.72%. The lowest was 0.61%. And the median was 1.34%.

FRA:NG0's Dividend Yield % is ranked worse than
62.53% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.83 vs FRA:NG0: 3.19

Nippon Gas Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.69.

During the past 13 years, the highest Dividend Payout Ratio of Nippon Gas Co was 0.69. The lowest was 0.15. And the median was 0.37.

As of today (2024-05-17), the Forward Dividend Yield % of Nippon Gas Co is 3.79%.

Nippon Gas Co's Dividends per Share for the three months ended in Mar. 2024 was €0.23.

During the past 12 months, Nippon Gas Co's average Dividends Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 27.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Gas Co was 40.70% per year. The lowest was 5.70% per year. And the median was 26.60% per year.

The growth rate is calculated with least square regression.

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


Nippon Gas Co Dividend Yield % Historical Data

The historical data trend for Nippon Gas Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Nippon Gas Co Dividend Yield % Chart

Nippon Gas Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 3.63 3.51 3.39 3.00

Nippon Gas Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.39 3.39 3.19 2.96 3.00

Competitive Comparison of Nippon Gas Co's Dividend Yield %

For the Utilities - Regulated Gas subindustry, Nippon Gas Co's Dividend Yield %, along with its competitors' market caps and 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.


Nippon Gas Co's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nippon Gas Co's Dividend Yield % falls into.



Nippon Gas Co Dividend Yield % Calculation

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

Nippon Gas Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 37.5000002024-03-282024-03-312024-06-26Cash Dividendsemi-annuallyJPY:EUR 0.006080
JPY 37.5000002023-09-282023-09-302023-11-17Cash Dividendsemi-annuallyJPY:EUR 0.006273

* 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.

Nippon Gas Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4632375/14.40
=3.22 %

Current Share Price is €14.40.
Nippon Gas Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.4632375.

Nippon Gas Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.456/14.40
=3.17 %

Current Share Price is €14.40.
Nippon Gas Co's Dividends per Share for the forward twelve months is calculated as €0.228 * 2 = €0.456.

* 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.


Nippon Gas Co  (FRA:NG0) 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.


Nippon Gas Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nippon Gas Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Gas Co (FRA:NG0) Business Description

Traded in Other Exchanges
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (FRA:NG0) Headlines

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