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Daido Metal Co (TSE:7245) Dividend Yield % : 1.64% (As of May. 06, 2024)


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What is Daido Metal Co Dividend Yield %?

As of today (2024-05-06), the Trailing Annual Dividend Yield of Daido Metal Co is 1.64%.

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

TSE:7245' s Dividend Yield % Range Over the Past 10 Years
Min: 0.58   Med: 2.88   Max: 6.41
Current: 1.64

During the past 13 years, the highest Dividend Yield of Daido Metal Co was 6.41%. The lowest was 0.58%. And the median was 2.88%.

TSE:7245's Dividend Yield % is ranked worse than
61.8% of 801 companies
in the Vehicles & Parts industry
Industry Median: 2.23 vs TSE:7245: 1.64

Daido Metal Co'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 Daido Metal Co was 8.89. The lowest was 0.11. And the median was 0.38.

As of today (2024-05-06), the Forward Dividend Yield % of Daido Metal Co is 2.62%.

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

During the past 12 months, Daido Metal Co's average Dividends Per Share Growth Rate was -84.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -26.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daido Metal Co was 33.90% per year. The lowest was -26.30% per year. And the median was 12.45% per year.

The growth rate is calculated with least square regression.

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


Daido Metal Co Dividend Yield % Historical Data

The historical data trend for Daido Metal 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.

Daido Metal Co Dividend Yield % Chart

Daido Metal Co 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 4.24 5.58 3.40 4.38 4.89

Daido Metal 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 5.22 4.89 2.44 0.70 0.73

Competitive Comparison of Daido Metal Co's Dividend Yield %

For the Auto Parts subindustry, Daido Metal 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.


Daido Metal Co's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's Dividend Yield % distribution charts can be found below:

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



Daido Metal Co Dividend Yield % Calculation

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

Daido Metal Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 8.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 2.0000002023-09-282023-09-302023-12-07Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10/610.00
=1.64 %

Current Share Price is 円610.00.
Daido Metal Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円10.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/610.00
=0.66 %

Current Share Price is 円610.00.
Daido Metal Co's Dividends per Share for the forward twelve months is calculated as 円2 * 2 = 円4.

* 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.


Daido Metal Co  (TSE:7245) 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.


Daido Metal Co Dividend Yield % Related Terms

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


Daido Metal Co (TSE:7245) Business Description

Traded in Other Exchanges
N/A
Address
17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.

Daido Metal Co (TSE:7245) Headlines

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