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Tokyotokeiba Co (TSE:9672) Forward Dividend Yield % : 2.55% (As of Dec. 14, 2024)


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What is Tokyotokeiba Co Forward Dividend Yield %?

As of today (2024-12-14), the Forward Annual Dividend Yield of Tokyotokeiba Co is 2.55%.

As of today (2024-12-14), the Trailing Annual Dividend Yield of Tokyotokeiba Co is 2.31%.

TSE:9672's Forward Dividend Yield % is ranked worse than
51.57% of 382 companies
in the Travel & Leisure industry
Industry Median: 2.61 vs TSE:9672: 2.55

Tokyotokeiba Co's Dividends per Share for the three months ended in Jun. 2024 was 円40.00.

During the past 12 months, Tokyotokeiba Co's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% 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 Tokyotokeiba Co was 26.00% per year. The lowest was 4.60% per year. And the median was 10.10% 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 Tokyotokeiba Co's Forward Dividend Yield %

For the Gambling subindustry, Tokyotokeiba 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.


Tokyotokeiba Co's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tokyotokeiba Co's Forward Dividend Yield % distribution charts can be found below:

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



Tokyotokeiba Co Forward Dividend Yield % Calculation

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

Tokyotokeiba Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002024-06-272024-06-302024-09-02Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 60.0000002023-12-282023-12-312024-03-29Cash 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.

Tokyotokeiba Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=80/4320.00
=1.85 %

Current Share Price is 円4320.00.
Tokyotokeiba Co's Dividends per Share for the forward twelve months is calculated as 円40 * 2 = 円80.

Tokyotokeiba Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=100/4320.00
=2.31 %

Current Share Price is 円4320.00.
Tokyotokeiba Co'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.


Tokyotokeiba Co  (TSE:9672) 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.


Tokyotokeiba Co Forward Dividend Yield % Related Terms

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Tokyotokeiba Co Business Description

Traded in Other Exchanges
N/A
Address
1-6-8 Omori Kita, Ota-ku, Tokyo, JPN, 143-0016
Tokyotokeiba Co Ltd is a gambling company primarily engaged in horse racing. The company has four major business segments: public competition, amusement park, warehouse leasing, and service. The public competition segment operates horse and auto race tracks. The amusement park segment operates Tokyo Summerland. The warehouse leasing segment leases logistics warehouses, and the service segment leases commercial facilities. The company generates the vast majority of its revenue in Japan.

Tokyotokeiba Co Headlines

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