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Sato Foods Co (TSE:2923) Dividend Yield % : 0.84% (As of Dec. 14, 2024)


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What is Sato Foods Co Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Sato Foods Co is 0.84%.

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

TSE:2923' s Dividend Yield % Range Over the Past 10 Years
Min: 0.32   Med: 0.57   Max: 1.1
Current: 0.84

During the past 13 years, the highest Dividend Yield of Sato Foods Co was 1.10%. The lowest was 0.32%. And the median was 0.57%.

TSE:2923's Dividend Yield % is ranked worse than
86.38% of 1123 companies
in the Consumer Packaged Goods industry
Industry Median: 2.41 vs TSE:2923: 0.84

Sato Foods Co's Dividend Payout Ratio for the three months ended in Oct. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Sato Foods Co was 0.19. The lowest was 0.08. And the median was 0.12.

As of today (2024-12-14), the Forward Dividend Yield % of Sato Foods Co is 1.67%.

Sato Foods Co's Dividends per Share for the three months ended in Oct. 2024 was 円0.00.

During the past 12 months, Sato Foods Co's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sato Foods Co was 35.70% per year. The lowest was 5.30% per year. And the median was 14.50% 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.


Sato Foods Co Dividend Yield % Historical Data

The historical data trend for Sato Foods 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.

Sato Foods Co Dividend Yield % Chart

Sato Foods Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.61 1.04 2.10 1.81

Sato Foods Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 1.07 1.02 0.86 1.81 0.78

Competitive Comparison of Sato Foods Co's Dividend Yield %

For the Packaged Foods subindustry, Sato Foods 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.


Sato Foods Co's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Dividend Yield % distribution charts can be found below:

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



Sato Foods Co Dividend Yield % Calculation

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

Sato Foods Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 60.0000002024-04-262024-04-302024-07-24Cash 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.

Sato Foods Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=60/7170.00
=0.84 %

Current Share Price is 円7170.00.
Sato Foods Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円60.

Sato Foods Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=120/7170.00
=1.67 %

Current Share Price is 円7170.00.
Sato Foods Co's Dividends per Share for the forward twelve months is calculated as 円60 * 2 = 円120.

* 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.


Sato Foods Co  (TSE:2923) 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.


Sato Foods Co Dividend Yield % Related Terms

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


Sato Foods Co Business Description

Traded in Other Exchanges
N/A
Address
13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

Sato Foods Co Headlines

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