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Aichi Steel (TSE:5482) Forward Dividend Yield % : 2.00% (As of May. 05, 2024)


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What is Aichi Steel Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Aichi Steel is 2.00%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Aichi Steel is 2.86%.

TSE:5482's Forward Dividend Yield % is ranked worse than
62.14% of 346 companies
in the Steel industry
Industry Median: 2.85 vs TSE:5482: 2.00

Aichi Steel's Dividends per Share for the three months ended in Mar. 2024 was 円60.00.

During the past 12 months, Aichi Steel's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aichi Steel was 30.50% per year. The lowest was -38.70% per year. And the median was 6.30% 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 Aichi Steel's Forward Dividend Yield %

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's Forward Dividend Yield % distribution charts can be found below:

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



Aichi Steel Forward Dividend Yield % Calculation

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

Aichi Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 60.0000002024-03-282024-03-312024-05-30Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 40.0000002023-09-282023-09-302023-11-27Cash 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.

Aichi Steel's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=120/3500.00
=3.43 %

Current Share Price is 円3500.00.
Aichi Steel's Dividends per Share for the forward twelve months is calculated as 円60 * 2 = 円120.

Aichi Steel's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=100/3500.00
=2.86 %

Current Share Price is 円3500.00.
Aichi Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円100.

* 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.


Aichi Steel  (TSE:5482) 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.


Aichi Steel Forward Dividend Yield % Related Terms

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Aichi Steel (TSE:5482) Business Description

Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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