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Meiwa (TSE:8103) 5-Year Dividend Growth Rate : 17.90% (As of Mar. 2024)


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What is Meiwa 5-Year Dividend Growth Rate?

Meiwa's Dividends per Share for the three months ended in Mar. 2024 was 円34.00.

During the past 12 months, Meiwa's average Dividends Per Share Growth Rate was 36.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.10% 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 Meiwa was 128.30% per year. The lowest was -23.60% per year. And the median was 11.00% per year.

Meiwa's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.79. As of today, Meiwa's Dividend Yield % is 5.16%.

Good Sign:

Meiwa Corp stock dividend yield is close to 1-year high.

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


Competitive Comparison of Meiwa's 5-Year Dividend Growth Rate

For the Industrial Distribution subindustry, Meiwa'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.


Meiwa's 5-Year Dividend Growth Rate Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Meiwa 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.


Meiwa  (TSE:8103) 5-Year Dividend Growth Rate Explanation

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

Meiwa's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=34/ 19.04
=1.79

During the past 13 years, the highest Dividend Payout Ratio of Meiwa was 2.17. The lowest was 0.13. And the median was 0.35.

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

Meiwa Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 34.0000002024-03-282024-03-312024-06-24Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=34/659.00
=5.16 %

Current Share Price is 円659.00.
Meiwa's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円34.

During the past 13 years, the highest Dividend Yield of Meiwa was 17.47%. The lowest was 1.26%. And the median was 2.60%.

Good Sign:

Meiwa Corp stock dividend yield is close to 1-year high.

* 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.


Meiwa 5-Year Dividend Growth Rate Related Terms

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Meiwa Business Description

Traded in Other Exchanges
N/A
Address
3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311
Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

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