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NISTF (Nippon Steel) 5-Year Dividend Growth Rate : 53.10% (As of Sep. 2024)


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What is Nippon Steel 5-Year Dividend Growth Rate?

Nippon Steel's Dividends per Share for the three months ended in Sep. 2024 was $0.56.

During the past 3 years, the average Dividends Per Share Growth Rate was 152.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 53.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Steel was 215.80% per year. The lowest was -47.70% per year. And the median was 13.50% per year.

Nippon Steel's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.98. As of today, Nippon Steel's Dividend Yield % is 5.07%.

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


Competitive Comparison of Nippon Steel's 5-Year Dividend Growth Rate

For the Steel subindustry, Nippon Steel's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Nippon Steel's 5-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nippon Steel's 5-Year Dividend Growth Rate falls into.



Nippon Steel 5-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 least square regression.

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.


Nippon Steel  (OTCPK:NISTF) 5-Year Dividend Growth Rate Explanation

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

Nippon Steel's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.56/ 0.574
=0.98

During the past 13 years, the highest Dividend Payout Ratio of Nippon Steel was 2.33. The lowest was 0.21. And the median was 0.26.

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

Nippon Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 80.0000002024-09-272024-09-302024-12-06Cash Dividendsemi-annuallyJPY:USD 0.006981
JPY 85.0000002024-03-282024-03-312024-06-24Cash Dividendsemi-annuallyJPY:USD 0.006609

* 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.

Nippon Steel's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.120245/21.00
=5.33 %

Current Share Price is $21.00.
Nippon Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.120245.

During the past 13 years, the highest Dividend Yield of Nippon Steel was 18.77%. The lowest was 0.43%. And the median was 4.03%.

* 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.


Nippon Steel 5-Year Dividend Growth Rate Related Terms

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Nippon Steel Business Description

Traded in Other Exchanges
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.