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MIT Holdings Co (TSE:4016) 3-Year Dividend Growth Rate : 17.00% (As of Feb. 2024)


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What is MIT Holdings Co 3-Year Dividend Growth Rate?

MIT Holdings Co's Dividends per Share for the three months ended in Feb. 2024 was 円0.00.

The historical rank and industry rank for MIT Holdings Co's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:4016' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -80.9   Med: -31.95   Max: 17
Current: 17

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of MIT Holdings Co was 17.00% per year. The lowest was -80.90% per year. And the median was -31.95% per year.

TSE:4016's 3-Year Dividend Growth Rate is ranked better than
54.74% of 548 companies
in the Software industry
Industry Median: 14.5 vs TSE:4016: 17.00

During the past 12 months, MIT Holdings Co's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

MIT Holdings Co's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.00. As of today, MIT Holdings Co's Dividend Yield % is 1.12%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MIT Holdings Co's 3-Year Dividend Growth Rate

For the Information Technology Services subindustry, MIT Holdings Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


MIT Holdings Co's 3-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, MIT Holdings Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MIT Holdings Co's 3-Year Dividend Growth Rate falls into.



MIT Holdings Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


MIT Holdings Co  (TSE:4016) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MIT Holdings Co's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0/ 15.669
=0.00

During the past 6 years, the highest Dividend Payout Ratio of MIT Holdings Co was 23.10. The lowest was 0.12. And the median was 0.38.

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

MIT Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 8.0000002023-11-292023-11-302024-02-26Cash 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.

MIT Holdings Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=8/714.00
=1.12 %

Current Share Price is 円714.00.
MIT Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円8.

During the past 6 years, the highest Dividend Yield of MIT Holdings Co was 1.36%. The lowest was 0.25%. And the median was 0.97%.

* 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.


MIT Holdings Co 3-Year Dividend Growth Rate Related Terms>


MIT Holdings Co (TSE:4016) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-6-1 Nakase, Chiba Mihama-ku, World Business Garden Marive West 24th Floor, Chiba, JPN, 261-7124
MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation and maintenance, infrastructure construction; and solution services such as digital books, CAD, face recognition.

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