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Iwaki Co (TSE:6237) Dividend Yield % : 2.38% (As of Jun. 19, 2024)


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What is Iwaki Co Dividend Yield %?

As of today (2024-06-19), the Trailing Annual Dividend Yield of Iwaki Co is 2.38%.

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

TSE:6237' s Dividend Yield % Range Over the Past 10 Years
Min: 1.7   Med: 2.84   Max: 5.31
Current: 2.38

During the past 8 years, the highest Dividend Yield of Iwaki Co was 5.31%. The lowest was 1.70%. And the median was 2.84%.

TSE:6237's Dividend Yield % is ranked better than
63.06% of 1914 companies
in the Industrial Products industry
Industry Median: 1.87 vs TSE:6237: 2.38

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

During the past 8 years, the highest Dividend Payout Ratio of Iwaki Co was 0.40. The lowest was 0.26. And the median was 0.30.

As of today (2024-06-19), the Forward Dividend Yield % of Iwaki Co is 2.23%.

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

During the past 12 months, Iwaki Co's average Dividends Per Share Growth Rate was 13.40% 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 12.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Iwaki Co was 26.00% per year. The lowest was -8.60% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

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


Iwaki Co Dividend Yield % Historical Data

The historical data trend for Iwaki 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.

Iwaki Co Dividend Yield % Chart

Iwaki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial 3.11 3.55 2.33 2.83 4.62

Iwaki 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 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 3.97 4.62 4.38 2.80 2.65

Competitive Comparison of Iwaki Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Iwaki 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.


Iwaki Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iwaki Co's Dividend Yield % distribution charts can be found below:

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



Iwaki Co Dividend Yield % Calculation

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

Iwaki Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 41.0000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 21.0000002023-09-282023-09-302023-12-01Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=62/2758.00
=2.25 %

Current Share Price is 円2758.00.
Iwaki Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円62.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=82/2758.00
=2.97 %

Current Share Price is 円2758.00.
Iwaki Co's Dividends per Share for the forward twelve months is calculated as 円41 * 2 = 円82.

* 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.


Iwaki Co  (TSE:6237) 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.


Iwaki Co Dividend Yield % Related Terms

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Iwaki Co (TSE:6237) Business Description

Traded in Other Exchanges
N/A
Address
2-6-6, Kanda Suda-cho, Chiyoda-ku, Tokyo, JPN, 101-8558
Iwaki Co Ltd engages in the development, production and sale of various types of fluid control products and pumps, including the chemical pump. The company offers magnetic drive pumps and related accessories; metering pumps, including motor-driven and electromagnetic metering pumps; and pneumatic drive pumps, such as pneumatic drive bellow, drive dispenser, and chemical replenishing pumps, as well as related accessories. It also provides rotary displacement pumps comprising hi-cera, magnetic drive gear, chemical gear, and screw pumps; air pumps consisting of gas-liquid transfer pumps, and diaphragm and bellows type air pumps; and turbine pumps that include non-metal magnetic and magnetic drive turbine pumps. In addition, the company offers water quality control devices.

Iwaki Co (TSE:6237) Headlines

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