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Showa Shinku Co (TSE:6384) Dividend Yield % : 5.09% (As of Dec. 14, 2024)


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What is Showa Shinku Co Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Showa Shinku Co is 5.09%.

Good Sign:

Showa Shinku Co Ltd stock dividend yield is close to 10-year high.

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

TSE:6384' s Dividend Yield % Range Over the Past 10 Years
Min: 1.46   Med: 3.99   Max: 5.64
Current: 5.09

During the past 13 years, the highest Dividend Yield of Showa Shinku Co was 5.64%. The lowest was 1.46%. And the median was 3.99%.

TSE:6384's Dividend Yield % is ranked better than
92.29% of 1946 companies
in the Industrial Products industry
Industry Median: 1.67 vs TSE:6384: 5.09

Showa Shinku Co's Dividend Payout Ratio for the three months ended in Sep. 2024 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 Showa Shinku Co Ltd is 2.62, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Showa Shinku Co was 2.62. The lowest was 0.20. And the median was 0.36.

As of today (2024-12-14), the Forward Dividend Yield % of Showa Shinku Co is 10.19%.

Showa Shinku Co's Dividends per Share for the three months ended in Sep. 2024 was 円0.00.

During the past 12 months, Showa Shinku Co's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Showa Shinku Co was 58.70% per year. The lowest was -5.90% 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.


Showa Shinku Co Dividend Yield % Historical Data

The historical data trend for Showa Shinku 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.

Showa Shinku Co Dividend Yield % Chart

Showa Shinku Co 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 10.07 6.80 8.16 8.53 9.19

Showa Shinku Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 4.20 4.31 4.33 9.19 5.26

Competitive Comparison of Showa Shinku Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Showa Shinku 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.


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

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

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



Showa Shinku Co Dividend Yield % Calculation

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

Showa Shinku Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 70.0000002024-03-282024-03-312024-06-27Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=70/1374.00
=5.09 %

Current Share Price is 円1374.00.
Showa Shinku Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円70.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=140/1374.00
=10.19 %

Current Share Price is 円1374.00.
Showa Shinku Co's Dividends per Share for the forward twelve months is calculated as 円70 * 2 = 円140.

* 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.


Showa Shinku Co  (TSE:6384) 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.


Showa Shinku Co Dividend Yield % Related Terms

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


Showa Shinku Co Business Description

Traded in Other Exchanges
N/A
Address
3062-10 Tana, Chuo-ku, Sagamihara, Kanagawa, JPN, 252-0244
Showa Shinku Co Ltd manufactures and sells vacuum equipment such as Vacuum evaporation equipment, Sputtering equipment, and others. The company's product profile includes Plasma cleaner, the Sputtering system, Multi-function type, Ultra-high Spec Vacuum Coater for Optical Multilayer, and others.

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