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Nisshinbo Holdings (Nisshinbo Holdings) Forward Dividend Yield % : 2.82% (As of Apr. 27, 2024)


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What is Nisshinbo Holdings Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Nisshinbo Holdings is 2.82%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Nisshinbo Holdings is 2.82%.

NSHBY's Forward Dividend Yield % is ranked better than
51.5% of 334 companies
in the Conglomerates industry
Industry Median: 2.97 vs NSHBY: 2.82

Nisshinbo Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.24.

During the past 12 months, Nisshinbo Holdings'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 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nisshinbo Holdings was 28.90% per year. The lowest was 4.30% per year. And the median was 14.50% 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 Nisshinbo Holdings's Forward Dividend Yield %

For the Conglomerates subindustry, Nisshinbo Holdings'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.


Nisshinbo Holdings's Forward Dividend Yield % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nisshinbo Holdings's Forward Dividend Yield % falls into.



Nisshinbo Holdings Forward Dividend Yield % Calculation

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

Nisshinbo Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2452023-12-282023-12-292024-03-26Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2442023-06-292023-06-302023-09-21Cash 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.

Nisshinbo Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.49/17.34
=2.83 %

Current Share Price is $17.34.
Nisshinbo Holdings's Dividends per Share for the forward twelve months is calculated as $0.245 * 2 = $0.49.

Nisshinbo Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.489/17.34
=2.82 %

Current Share Price is $17.34.
Nisshinbo Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.489.

* 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.


Nisshinbo Holdings  (OTCPK:NSHBY) 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.


Nisshinbo Holdings Forward Dividend Yield % Related Terms

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Nisshinbo Holdings (Nisshinbo Holdings) Business Description

Traded in Other Exchanges
Address
2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

Nisshinbo Holdings (Nisshinbo Holdings) Headlines