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Meiko Network Japan Co (TSE:4668) 3-Year Dividend Growth Rate : -7.20% (As of Feb. 2024)


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What is Meiko Network Japan Co 3-Year Dividend Growth Rate?

Meiko Network Japan Co's Dividends per Share for the three months ended in Feb. 2024 was 円12.00.

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

TSE:4668' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.1   Med: 7.5   Max: 46.5
Current: -7.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meiko Network Japan Co was 46.50% per year. The lowest was -29.10% per year. And the median was 7.50% per year.

TSE:4668's 3-Year Dividend Growth Rate is ranked worse than
76.19% of 63 companies
in the Education industry
Industry Median: 9.7 vs TSE:4668: -7.20

During the past 12 months, Meiko Network Japan Co's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.70% 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.

Meiko Network Japan Co's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.59. As of today, Meiko Network Japan Co's Dividend Yield % is 3.37%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Meiko Network Japan Co Ltd is 0.91, which seems too high.

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


Competitive Comparison of Meiko Network Japan Co's 3-Year Dividend Growth Rate

For the Education & Training Services subindustry, Meiko Network Japan 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.


Meiko Network Japan Co's 3-Year Dividend Growth Rate Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Meiko Network Japan Co's 3-Year Dividend Growth Rate falls into.



Meiko Network Japan 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.


Meiko Network Japan Co  (TSE:4668) 3-Year Dividend Growth Rate Explanation

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

Meiko Network Japan 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 )
=12/ 20.275
=0.59

During the past 13 years, the highest Dividend Payout Ratio of Meiko Network Japan Co was 1.59. The lowest was 0.42. And the median was 0.79.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Meiko Network Japan Co Ltd is 0.91, which seems too high.

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

Meiko Network Japan Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 12.0000002024-02-282024-02-292024-05-08Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 12.0000002023-08-302023-08-312023-11-20Cash 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.

Meiko Network Japan Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=24/716.00
=3.35 %

Current Share Price is 円716.00.
Meiko Network Japan Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円24.

During the past 13 years, the highest Dividend Yield of Meiko Network Japan Co was 5.60%. The lowest was 1.92%. And the median was 3.14%.

* 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.


Meiko Network Japan Co 3-Year Dividend Growth Rate Related Terms>


Meiko Network Japan Co (TSE:4668) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.

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