GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Steel Corp (OTCPK:NISTF) » Definitions » Dividend Yield %

NISTF (Nippon Steel) Dividend Yield % : 5.07% (As of Dec. 11, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Nippon Steel Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Nippon Steel is 5.07%.

The historical rank and industry rank for Nippon Steel's Dividend Yield % or its related term are showing as below:

NISTF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 4.03   Max: 18.77
Current: 5.07

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%.

NISTF's Dividend Yield % is ranked better than
79.65% of 339 companies
in the Steel industry
Industry Median: 3.15 vs NISTF: 5.07

Nippon Steel's Dividend Payout Ratio for the three months ended in Sep. 2024 was 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.

As of today (2024-12-11), the Forward Dividend Yield % of Nippon Steel is 4.99%.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Nippon Steel Dividend Yield % Historical Data

The historical data trend for Nippon Steel's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Nippon Steel Dividend Yield % Chart

Nippon Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 0.54 7.28 5.66 4.34

Nippon Steel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.73 4.94 4.34 5.01 4.82

Competitive Comparison of Nippon Steel's Dividend Yield %

For the Steel subindustry, Nippon Steel's Dividend Yield %, along with its competitors' market caps and 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.


Nippon Steel's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nippon Steel's Dividend Yield % falls into.



Nippon Steel Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.11696/21.00
=5.32 %

Current Share Price is $21.00.
Nippon Steel's Dividends per Share for the forward twelve months is calculated as $0.55848 * 2 = $1.11696.

* 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  (OTCPK:NISTF) 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.


Nippon Steel Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nippon Steel's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.