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Topy Industries (TSE:7231) Forward Dividend Yield % : 6.00% (As of May. 25, 2024)


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What is Topy Industries Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Topy Industries is 6.00%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Topy Industries is 4.23%.

TSE:7231's Forward Dividend Yield % is ranked better than
89.19% of 805 companies
in the Vehicles & Parts industry
Industry Median: 2.44 vs TSE:7231: 6.00

Topy Industries's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Topy Industries's average Dividends Per Share Growth Rate was 145.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -13.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Topy Industries was 58.70% per year. The lowest was -39.40% per year. And the median was -5.90% 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 Topy Industries's Forward Dividend Yield %

For the Auto Parts subindustry, Topy Industries'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.


Topy Industries's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's Forward Dividend Yield % distribution charts can be found below:

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



Topy Industries Forward Dividend Yield % Calculation

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

Topy Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 73.0000002024-03-282024-03-312024-06-04Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 30.0000002023-09-282023-09-302023-12-05Cash 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.

Topy Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=146/2435.00
=6.00 %

Current Share Price is 円2435.00.
Topy Industries's Dividends per Share for the forward twelve months is calculated as 円73 * 2 = 円146.

Topy Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=103/2435.00
=4.23 %

Current Share Price is 円2435.00.
Topy Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円103.

* 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.


Topy Industries  (TSE:7231) 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.


Topy Industries Forward Dividend Yield % Related Terms

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Topy Industries (TSE:7231) Business Description

Traded in Other Exchanges
N/A
Address
Art Village Osaki Central Tower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8634
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.

Topy Industries (TSE:7231) Headlines

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