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Hitachi Construction Machinery Co (TSE:6305) Forward Dividend Yield % : 4.85% (As of May. 01, 2024)


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What is Hitachi Construction Machinery Co Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Hitachi Construction Machinery Co is 4.85%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Hitachi Construction Machinery Co is 3.31%.

TSE:6305's Forward Dividend Yield % is ranked better than
84.73% of 131 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.43 vs TSE:6305: 4.85

Hitachi Construction Machinery Co's Dividends per Share for the three months ended in Mar. 2024 was 円65.00.

During the past 12 months, Hitachi Construction Machinery Co's average Dividends Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 95.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hitachi Construction Machinery Co was 95.70% per year. The lowest was -38.30% per year. And the median was 24.20% 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 Hitachi Construction Machinery Co's Forward Dividend Yield %

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Forward Dividend Yield % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hitachi Construction Machinery Co's Forward Dividend Yield % falls into.



Hitachi Construction Machinery Co Forward Dividend Yield % Calculation

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

Hitachi Construction Machinery Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 65.0000002024-03-282024-03-312024-06-06Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 85.0000002023-09-282023-09-302023-11-30Cash 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.

Hitachi Construction Machinery Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=130/4437.00
=2.93 %

Current Share Price is 円4437.00.
Hitachi Construction Machinery Co's Dividends per Share for the forward twelve months is calculated as 円65 * 2 = 円130.

Hitachi Construction Machinery Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=150/4437.00
=3.38 %

Current Share Price is 円4437.00.
Hitachi Construction Machinery Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円150.

* 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.


Hitachi Construction Machinery Co  (TSE:6305) 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.


Hitachi Construction Machinery Co Forward Dividend Yield % Related Terms

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Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (TSE:6305) Headlines

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