During the past 12 months, New Japan Chemical Co's average Dividends Per Share Growth Rate was 12.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New Japan Chemical Co was -7.20% per year. The lowest was -7.20% 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.
New Japan Chemical Co (TSE:4406) 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.
New Japan Chemical Co Forward Dividend Yield % Related Terms
TSE:4406 vs LIN, SHW, ECL: Forward Dividend Yield % Comparison
For the Specialty Chemicals subindustry, New Japan Chemical Co'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.
New Japan Chemical Co Forward Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, New Japan Chemical Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where New Japan Chemical Co's Forward Dividend Yield % falls into.
New Japan Chemical Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
New Japan Chemical Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 4.500000
2026-03-30
2026-03-31
2026-06-25
Cash Dividend
semi-annually
JPY: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.
New Japan Chemical Co's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 2.23% mean?
New Japan Chemical Co (TSE:4406) has a Forward Dividend Yield % of 2.23% as of Jul. 11, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on New Japan Chemical Co and its competitors. According to the industry distribution chart, New Japan Chemical Co ranks #407 out of 1036 companies in the Chemicals industry, placing it in the top 39.3%.
Is New Japan Chemical Co's Forward Dividend Yield % too high?
New Japan Chemical Co's current Forward Dividend Yield % is 2.23%. The Chemicals industry median Forward Dividend Yield % is 1.64. New Japan Chemical Co's value of 2.23% is 36.4% above this industry median. Based on the distribution chart, New Japan Chemical Co ranks #407 out of 1036 companies in the Chemicals industry, which is above the industry midpoint. Overall, New Japan Chemical Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Japan Chemical Co's Forward Dividend Yield % compare to LIN and SHW?
According to the Chemicals industry distribution chart, New Japan Chemical Co ranks #407 out of 1036 companies for Forward Dividend Yield %. This puts New Japan Chemical Co in the upper half of its industry. The industry median Forward Dividend Yield % is 1.64. New Japan Chemical Co's value of 2.23% is 36.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Chemicals company?
The median Forward Dividend Yield % among Chemicals companies is 1.64, based on 1,036 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Japan Chemical Co's current Forward Dividend Yield % of 2.23% is 36.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on New Japan Chemical Co and its competitors. For the Chemicals industry, the median Forward Dividend Yield % is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Japan Chemical Co's current Forward Dividend Yield % is 2.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Japan Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, New Japan Chemical Co (TSE:4406) is currently considered Fairly Valued. The stock's GF Value™ is 円199.66, compared to a current price of 円202.00 — trading 1.2% above its estimated fair value. The current Forward Dividend Yield % is 2.23% and 36.4% above the Chemicals industry median of 1.64. New Japan Chemical Co's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For New Japan Chemical Co (TSE:4406), the current Forward Dividend Yield % is 2.23% as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is New Japan Chemical Co (TSE:4406) Overvalued in 2026?
Based on GuruFocus' analysis, New Japan Chemical Co stock appears to be overvalued.
The current stock price of 円202.00 is trading 1.2% above its estimated GF Value™ of 円199.66.
GuruFocus considers New Japan Chemical Co to be Fairly Valued.
Key valuation signals for TSE:4406:
Forward Dividend Yield %: 2.23%
GF Value™: 円199.66 vs. price of 円202.00 (1.2% above fair value)
Industry Position: 36.4% above the Chemicals median (#407 of 1036)
No single metric tells the full story. See the TSE:4406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Japan Chemical Co Ltd is a Japan-based company engages in the production and sale of oleo-chemical and chemical products. It offers fatty acids, glycerol, higher alcohols, unsaturated alcohols, surfactants, plasticizers, functional products, and resin additives.
61GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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