GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nisshin Oillio Group Ltd (TSE:2602) » Definitions » Dividend Yield %

Nisshin Oillio Group (TSE:2602) Dividend Yield % : 2.98% (As of May. 02, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Nisshin Oillio Group Dividend Yield %?

As of today (2024-05-02), the Trailing Annual Dividend Yield of Nisshin Oillio Group is 2.98%.

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

TSE:2602' s Dividend Yield % Range Over the Past 10 Years
Min: 0.81   Med: 2.5   Max: 3.76
Current: 2.98

During the past 13 years, the highest Dividend Yield of Nisshin Oillio Group was 3.76%. The lowest was 0.81%. And the median was 2.50%.

TSE:2602's Dividend Yield % is ranked better than
62.09% of 1100 companies
in the Consumer Packaged Goods industry
Industry Median: 2.385 vs TSE:2602: 2.98

Nisshin Oillio Group'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 Nisshin Oillio Group was 0.94. The lowest was 0.19. And the median was 0.32.

As of today (2024-05-02), the Forward Dividend Yield % of Nisshin Oillio Group is 2.98%.

Nisshin Oillio Group's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Nisshin Oillio Group's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nisshin Oillio Group was 30.50% per year. The lowest was -10.40% per year. And the median was 13.55% per year.

The growth rate is calculated with least square regression.

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


Nisshin Oillio Group Dividend Yield % Historical Data

The historical data trend for Nisshin Oillio Group'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.

Nisshin Oillio Group Dividend Yield % Chart

Nisshin Oillio Group 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 2.14 2.19 2.45 3.16 2.77

Nisshin Oillio Group 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 2.73 2.77 3.51 3.23 3.15

Competitive Comparison of Nisshin Oillio Group's Dividend Yield %

For the Packaged Foods subindustry, Nisshin Oillio Group'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.


Nisshin Oillio Group's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nisshin Oillio Group's Dividend Yield % falls into.



Nisshin Oillio Group Dividend Yield % Calculation

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

Nisshin Oillio Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 90.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 60.0000002023-09-282023-09-302023-12-04Cash 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.

Nisshin Oillio Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=150/5040.00
=2.98 %

Current Share Price is 円5040.00.
Nisshin Oillio Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円150.

Nisshin Oillio Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=120/5040.00
=2.38 %

Current Share Price is 円5040.00.
Nisshin Oillio Group's Dividends per Share for the forward twelve months is calculated as 円60 * 2 = 円120.

* 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.


Nisshin Oillio Group  (TSE:2602) 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.


Nisshin Oillio Group Dividend Yield % Related Terms

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


Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

Nisshin Oillio Group (TSE:2602) Headlines

No Headlines