Altech Co (TSE:9972) Dividend Yield % : 2.46% (As of May. 25, 2024)

Altech Co Dividend Yield % Chart

Altech Co Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Dividend Yield %		Get a 7-Day Free Trial					3.04	1.03	1.01	3.82	7.33

Altech 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															3.32	4.12	4.00	7.33	2.65

Competitive Comparison of Altech Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Altech 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.

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

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

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

Altech Co Dividend Yield % Calculation

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

Altech Co Recent Full-Year* Dividend History

* 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.

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

Current Share Price is 円284.00.
Altech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円7.

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

Current Share Price is 円284.00.
Altech Co's Dividends per Share for the forward twelve months is calculated as 円7 * 2 = 円14.

* 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.

Altech Co  (TSE:9972) 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.

Altech Co Dividend Yield % Related Terms

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

Altech Co (TSE:9972) Business Description