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Nitta Gelatin (TSE:4977) Dividend Yield % : 2.00% (As of May. 26, 2024)


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What is Nitta Gelatin Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Nitta Gelatin is 2.00%.

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

TSE:4977' s Dividend Yield % Range Over the Past 10 Years
Min: 0.89   Med: 1.67   Max: 2.8
Current: 2

During the past 13 years, the highest Dividend Yield of Nitta Gelatin was 2.80%. The lowest was 0.89%. And the median was 1.67%.

TSE:4977's Dividend Yield % is ranked better than
51.9% of 1052 companies
in the Chemicals industry
Industry Median: 1.915 vs TSE:4977: 2.00

Nitta Gelatin's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Nitta Gelatin was 3.27. The lowest was 0.18. And the median was 0.29.

As of today (2024-05-26), the Forward Dividend Yield % of Nitta Gelatin is 2.25%.

Nitta Gelatin's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Nitta Gelatin's average Dividends Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitta Gelatin was 14.50% per year. The lowest was 5.30% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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


Nitta Gelatin Dividend Yield % Historical Data

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin Dividend Yield % Chart

Nitta Gelatin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 2.03 1.79 2.10 1.85

Nitta Gelatin 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 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 1.62 1.85 2.17 2.40 2.23

Competitive Comparison of Nitta Gelatin's Dividend Yield %

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin's Dividend Yield % Distribution in the Chemicals Industry

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

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



Nitta Gelatin Dividend Yield % Calculation

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

Nitta Gelatin Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 8.0000002024-03-282024-03-312024-06-27Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 8.0000002023-09-282023-09-302023-12-05Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=16/799.00
=2.00 %

Current Share Price is 円799.00.
Nitta Gelatin's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円16.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=16/799.00
=2.00 %

Current Share Price is 円799.00.
Nitta Gelatin's Dividends per Share for the forward twelve months is calculated as 円8 * 2 = 円16.

* 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.


Nitta Gelatin  (TSE:4977) 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.


Nitta Gelatin Dividend Yield % Related Terms

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Nitta Gelatin (TSE:4977) Business Description

Traded in Other Exchanges
N/A
Address
4-26, Sakuragawa 4-chome, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptide, collagen casing, collagen and other products made from animal bones and skin or fish scales and skin.

Nitta Gelatin (TSE:4977) Headlines

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