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Meiji Holdings Co (TSE:2269) Forward Dividend Yield % : 2.87% (As of May. 31, 2024)


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What is Meiji Holdings Co Forward Dividend Yield %?

As of today (2024-05-31), the Forward Annual Dividend Yield of Meiji Holdings Co is 2.87%.

As of today (2024-05-31), the Trailing Annual Dividend Yield of Meiji Holdings Co is 2.73%.

TSE:2269's Forward Dividend Yield % is ranked better than
57.16% of 1083 companies
in the Consumer Packaged Goods industry
Industry Median: 2.55 vs TSE:2269: 2.87

Meiji Holdings Co's Dividends per Share for the three months ended in Mar. 2024 was 円47.50.

During the past 12 months, Meiji Holdings Co's average Dividends Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meiji Holdings Co was 37.50% per year. The lowest was 3.60% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Meiji Holdings Co's Forward Dividend Yield %

For the Packaged Foods subindustry, Meiji Holdings Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Meiji Holdings Co's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Forward Dividend Yield % distribution charts can be found below:

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



Meiji Holdings Co Forward Dividend Yield % Calculation

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

Meiji Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 47.5000002024-03-282024-03-312024-06-05Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 47.5000002023-09-282023-09-302023-12-06Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=95/3486.00
=2.73 %

Current Share Price is 円3486.00.
Meiji Holdings Co's Dividends per Share for the forward twelve months is calculated as 円47.5 * 2 = 円95.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=95/3486.00
=2.73 %

Current Share Price is 円3486.00.
Meiji Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円95.

* 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.


Meiji Holdings Co  (TSE:2269) Forward 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.


Meiji Holdings Co Forward Dividend Yield % Related Terms

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Meiji Holdings Co (TSE:2269) Business Description

Traded in Other Exchanges
Address
4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (TSE:2269) Headlines

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