Nippon Shokubai Co (Nippon Shokubai Co) Dividend Yield % : 2.99% (As of May. 06, 2024)

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What is Nippon Shokubai Co Dividend Yield %?

As of today (2024-05-06), the Trailing Annual Dividend Yield of Nippon Shokubai Co is 2.99%.

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

NPSHY' s Dividend Yield % Range Over the Past 10 Years
Min: 1.03 Med: 2.16 Max: 3.92
Current: 2.99

During the past 13 years, the highest Dividend Yield of Nippon Shokubai Co was 3.92%. The lowest was 1.03%. And the median was 2.16%.

NPSHY's Dividend Yield % is ranked better than
68.25% of 1052 companies
in the Chemicals industry
Industry Median: 1.93 vs NPSHY: 2.99

Nippon Shokubai Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nippon Shokubai Co Ltd is 0.80, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Nippon Shokubai Co was 0.65. The lowest was 0.22. And the median was 0.29.

As of today (2024-05-06), the Forward Dividend Yield % of Nippon Shokubai Co is 3.02%.

Nippon Shokubai Co's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Nippon Shokubai Co's average Dividends Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Shokubai Co was 47.40% per year. The lowest was -17.50% per year. And the median was 5.45% per year.

The growth rate is calculated with least square regression.

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

Nippon Shokubai Co Dividend Yield % Historical Data

The historical data trend for Nippon Shokubai Co'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 Shokubai Co Dividend Yield % Chart

Nippon Shokubai Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Yield %

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2.27

3.11

Nippon Shokubai Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Nippon Shokubai Co's Dividend Yield %

For the Chemicals subindustry, Nippon Shokubai Co'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 Shokubai Co's Dividend Yield % Distribution in the Chemicals Industry

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

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

Nippon Shokubai Co Dividend Yield % Calculation

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

Nippon Shokubai Co (OTCPK:NPSHY) 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 Shokubai Co Dividend Yield % Related Terms

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Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NPSHY) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

NSHKF:USA 4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

From GuruFocus

Mitsubishi Heavy Industries and Nippon Shokubai Conclude Agreement on Joint Development of an Ammonia Cracking System

By ACN Newswire • 08-21-2023