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RINIF (Rinnai) Dividend Yield % : 1.89% (As of Dec. 13, 2024)


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What is Rinnai Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Rinnai is 1.89%.

Good Sign:

Rinnai Corp stock dividend yield is close to 10-year high.

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

RINIF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.7   Med: 1.06   Max: 2.22
Current: 1.89

During the past 13 years, the highest Dividend Yield of Rinnai was 2.22%. The lowest was 0.70%. And the median was 1.06%.

RINIF's Dividend Yield % is ranked worse than
64% of 250 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.845 vs RINIF: 1.89

Rinnai's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.97.

During the past 13 years, the highest Dividend Payout Ratio of Rinnai was 0.32. The lowest was 0.19. And the median was 0.22.

As of today (2024-12-13), the Forward Dividend Yield % of Rinnai is 2.15%.

Rinnai's Dividends per Share for the three months ended in Sep. 2024 was $0.28.

During the past 12 months, Rinnai's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rinnai was 21.60% per year. The lowest was 3.60% per year. And the median was 11.50% 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.


Rinnai Dividend Yield % Historical Data

The historical data trend for Rinnai'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.

Rinnai Dividend Yield % Chart

Rinnai 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 1.47 1.53 1.30 0.97 -

Rinnai 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 1.46 1.34 - - -

Competitive Comparison of Rinnai's Dividend Yield %

For the Furnishings, Fixtures & Appliances subindustry, Rinnai'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.


Rinnai's Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rinnai's Dividend Yield % distribution charts can be found below:

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



Rinnai Dividend Yield % Calculation

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

Rinnai Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002024-09-272024-09-302024-12-06Cash Dividendsemi-annuallyJPY:USD 0.006981
JPY 30.0000002024-03-282024-03-312024-06-28Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.47751/24.00
=1.99 %

Current Share Price is $24.00.
Rinnai's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.47751.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.55848/24.00
=2.33 %

Current Share Price is $24.00.
Rinnai's Dividends per Share for the forward twelve months is calculated as $0.27924 * 2 = $0.55848.

* 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.


Rinnai  (OTCPK:RINIF) 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.


Rinnai Dividend Yield % Related Terms

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


Rinnai Business Description

Traded in Other Exchanges
Address
2-26, Fukuzumi-cho, Nakagawa-ku, Nagoya, JPN, 454-0802
Rinnai Corporation is a Japanese company that manufactures and sells gas water heating, gas home heating, and commercial water heating appliances and their components. The company has operations across the globe, including Australia, Brazil, Europe, the United States, and Southeast Asia. Rinnai supplies kitchen appliances; bath appliances; living appliances, such as gas and floor heating systems; and professional products, such as gas fryers and ranges. These products are sold and distributed to various customers, including utility companies, housing equipment manufacturers, general stores, house makers, and Rinnai's global subsidiaries.

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