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Mainichi Comnet Co (TSE:8908) Dividend Yield % : 4.03% (As of Jun. 22, 2024)


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What is Mainichi Comnet Co Dividend Yield %?

As of today (2024-06-22), the Trailing Annual Dividend Yield of Mainichi Comnet Co is 4.03%.

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

TSE:8908' s Dividend Yield % Range Over the Past 10 Years
Min: 1.79   Med: 3.18   Max: 4.58
Current: 4.03

During the past 13 years, the highest Dividend Yield of Mainichi Comnet Co was 4.58%. The lowest was 1.79%. And the median was 3.18%.

TSE:8908's Dividend Yield % is ranked better than
58% of 881 companies
in the Real Estate industry
Industry Median: 3.52 vs TSE:8908: 4.03

Mainichi Comnet Co's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Mainichi Comnet Co was 0.54. The lowest was 0.30. And the median was 0.35.

As of today (2024-06-22), the Forward Dividend Yield % of Mainichi Comnet Co is 4.03%.

Mainichi Comnet Co's Dividends per Share for the three months ended in Feb. 2024 was 円0.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mainichi Comnet Co was 36.20% per year. The lowest was 1.90% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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


Mainichi Comnet Co Dividend Yield % Historical Data

The historical data trend for Mainichi Comnet 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.

Mainichi Comnet Co Dividend Yield % Chart

Mainichi Comnet Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.35 4.02 4.05 3.84

Mainichi Comnet Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.76 3.84 3.69 3.77 3.63

Competitive Comparison of Mainichi Comnet Co's Dividend Yield %

For the Real Estate Services subindustry, Mainichi Comnet 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.


Mainichi Comnet Co's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mainichi Comnet Co's Dividend Yield % distribution charts can be found below:

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



Mainichi Comnet Co Dividend Yield % Calculation

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

Mainichi Comnet Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 22.0000002024-05-302024-05-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 8.0000002023-11-292023-11-302024-02-06Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=30/744.00
=4.03 %

Current Share Price is 円744.00.
Mainichi Comnet Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円30.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=16/744.00
=2.15 %

Current Share Price is 円744.00.
Mainichi Comnet Co'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.


Mainichi Comnet Co  (TSE:8908) 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.


Mainichi Comnet Co Dividend Yield % Related Terms

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Mainichi Comnet Co (TSE:8908) Business Description

Traded in Other Exchanges
N/A
Address
Otemachi 2-1-1 Otemachi Nomura Building, Hikaru 15 order, Chiyoda-ku, Tokyo, JPN, 100-0004
Mainichi Comnet Co., Ltd. is a real estate company engaged in the development and consulting for apartments, student management, rental and business support student life travel business as well as arrangement planning and training camp of the Club Circle.

Mainichi Comnet Co (TSE:8908) Headlines

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