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NIHON ISK Co (TSE:7986) Dividend Yield % : 1.98% (As of Dec. 14, 2024)


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What is NIHON ISK Co Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of NIHON ISK Co is 1.98%.

Warning Sign:

NIHON ISK Co Ltd stock dividend yield is close to 5-year low.

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

TSE:7986' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 2.13   Max: 3.46
Current: 1.98

During the past 13 years, the highest Dividend Yield of NIHON ISK Co was 3.46%. The lowest was 0.39%. And the median was 2.13%.

TSE:7986's Dividend Yield % is ranked worse than
63.53% of 340 companies
in the Steel industry
Industry Median: 3.09 vs TSE:7986: 1.98

NIHON ISK Co's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of NIHON ISK Co was 0.54. The lowest was 0.13. And the median was 0.18.

As of today (2024-12-14), the Forward Dividend Yield % of NIHON ISK Co is 1.98%.

NIHON ISK Co's Dividends per Share for the three months ended in Jun. 2024 was 円0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NIHON ISK Co was 44.20% per year. The lowest was 6.30% per year. And the median was 39.95% 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.


NIHON ISK Co Dividend Yield % Historical Data

The historical data trend for NIHON ISK 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.

NIHON ISK Co Dividend Yield % Chart

NIHON ISK Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.66 2.31 2.33 2.06

NIHON ISK Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.44 2.17 2.06 1.94 2.08

Competitive Comparison of NIHON ISK Co's Dividend Yield %

For the Steel subindustry, NIHON ISK 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.


NIHON ISK Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, NIHON ISK Co's Dividend Yield % distribution charts can be found below:

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



NIHON ISK Co Dividend Yield % Calculation

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

NIHON ISK Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 30.0000002023-12-282023-12-312024-03-29Cash DividendannuallyJPY: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=30/1516.00
=1.98 %

Current Share Price is 円1516.00.
NIHON ISK Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円30.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=30/1516.00
=1.98 %

Current Share Price is 円1516.00.
NIHON ISK Co's Dividends per Share for the forward twelve months is calculated as 円30 * 1 = 円30.

* 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.


NIHON ISK Co  (TSE:7986) 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.


NIHON ISK Co Dividend Yield % Related Terms

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


NIHON ISK Co Business Description

Traded in Other Exchanges
N/A
Address
1395-1,Teragu, Ibaraki-pref, Tsukuba, JPN, 300-4297
NIHON ISK Co Ltd is engaged in the business of manufacture and sale of household fireproof safe, production and sale of dental medical equipment, and steel furniture.

NIHON ISK Co Headlines

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