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Kanamoto Co (TSE:9678) Dividend Yield % : 2.50% (As of Jun. 22, 2024)


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What is Kanamoto Co Dividend Yield %?

As of today (2024-06-22), the Trailing Annual Dividend Yield of Kanamoto Co is 2.50%.

Warning Sign:

Kanamoto Co Ltd stock dividend yield is close to 3-year low.

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

TSE:9678' s Dividend Yield % Range Over the Past 10 Years
Min: 0.42   Med: 2   Max: 4.26
Current: 2.5

During the past 13 years, the highest Dividend Yield of Kanamoto Co was 4.26%. The lowest was 0.42%. And the median was 2.00%.

TSE:9678's Dividend Yield % is ranked worse than
56.74% of 601 companies
in the Business Services industry
Industry Median: 2.82 vs TSE:9678: 2.50

Kanamoto Co's Dividend Payout Ratio for the three months ended in Apr. 2024 was 0.68.

During the past 13 years, the highest Dividend Payout Ratio of Kanamoto Co was 0.40. The lowest was 0.08. And the median was 0.20.

As of today (2024-06-22), the Forward Dividend Yield % of Kanamoto Co is 2.50%.

Kanamoto Co's Dividends per Share for the three months ended in Apr. 2024 was 円35.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kanamoto Co was 35.70% per year. The lowest was 3.60% per year. And the median was 11.05% per year.

The growth rate is calculated with least square regression.

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


Kanamoto Co Dividend Yield % Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co Dividend Yield % Chart

Kanamoto Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 3.03 2.88 3.49 3.08

Kanamoto Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 3.31 2.99 3.08 2.65 2.82

Competitive Comparison of Kanamoto Co's Dividend Yield %

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co's Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Dividend Yield % distribution charts can be found below:

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



Kanamoto Co Dividend Yield % Calculation

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

Kanamoto Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 35.0000002024-04-262024-04-302024-07-02Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 40.0000002023-10-302023-10-312024-01-26Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=75/2996.00
=2.50 %

Current Share Price is 円2996.00.
Kanamoto Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円75.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=70/2996.00
=2.34 %

Current Share Price is 円2996.00.
Kanamoto Co's Dividends per Share for the forward twelve months is calculated as 円35 * 2 = 円70.

* 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.


Kanamoto Co  (TSE:9678) 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.


Kanamoto Co Dividend Yield % Related Terms

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Kanamoto Co (TSE:9678) Business Description

Traded in Other Exchanges
N/A
Address
1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

Kanamoto Co (TSE:9678) Headlines

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