GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Industries Inc (OTCPK:TRYIY) » Definitions » Dividend Yield %

Toray Industries (Toray Industries) Dividend Yield % : 2.73% (As of Apr. 29, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Toray Industries Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of Toray Industries is 2.73%.

Good Sign:

Toray Industries Inc stock dividend yield is close to 3-year high.

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

TRYIY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.97   Med: 1.65   Max: 4
Current: 2.73

During the past 13 years, the highest Dividend Yield of Toray Industries was 4.00%. The lowest was 0.97%. And the median was 1.65%.

TRYIY's Dividend Yield % is ranked better than
53.15% of 555 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.48 vs TRYIY: 2.73

Toray Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Toray Industries was 0.65. The lowest was 0.21. And the median was 0.27.

As of today (2024-04-29), the Forward Dividend Yield % of Toray Industries is 2.73%.

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

During the past 12 months, Toray Industries's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toray Industries was 26.00% per year. The lowest was -20.60% 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.


Toray Industries Dividend Yield % Historical Data

The historical data trend for Toray Industries'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.

Toray Industries Dividend Yield % Chart

Toray Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 3.46 1.82 2.14 2.20

Toray Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.24 2.20 2.32 2.48 2.39

Competitive Comparison of Toray Industries's Dividend Yield %

For the Textile Manufacturing subindustry, Toray Industries'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.


Toray Industries's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Toray Industries's Dividend Yield % falls into.



Toray Industries Dividend Yield % Calculation

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

Toray Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1222023-09-282023-09-292023-12-15Cash 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.

Toray Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.122/9.01
=1.35 %

Current Share Price is $9.01.
Toray Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.122.

Toray Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.244/9.01
=2.71 %

Current Share Price is $9.01.
Toray Industries's Dividends per Share for the forward twelve months is calculated as $0.122 * 2 = $0.244.

* 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.


Toray Industries  (OTCPK:TRYIY) 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.


Toray Industries Dividend Yield % Related Terms

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


Toray Industries (Toray Industries) Business Description

Traded in Other Exchanges
Address
Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666
Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.

Toray Industries (Toray Industries) Headlines