As of today (2024-05-30), the Forward Annual Dividend Yield of Nichirei is 2.34%.
As of today (2024-05-30), the Trailing Annual Dividend Yield of Nichirei is 2.11%.
TSE:2871's Forward Dividend Yield % is ranked worse than 54.99% of 1082
companies
in the Consumer Packaged Goods industry
Industry Median: 2.55
vs TSE:2871: 2.34
During the past 12 months, Nichirei's average Dividends Per Share Growth Rate was 42.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 18.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nichirei was 44.20% per year. The lowest was -20.60% per year. And the median was 10.10% 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 Nichirei's Forward Dividend Yield %
For the Packaged Foods subindustry, Nichirei'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.
Nichirei's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichirei's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nichirei's Forward Dividend Yield % falls into.
Nichirei Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nichirei Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 37.000000
2024-03-28
2024-03-31
2024-06-26
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 37.000000
2023-09-28
2023-09-30
2023-12-05
Cash Dividend
semi-annually
JPY: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.
Nichirei's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
74
/
3513.00
=
2.11 %
Current Share Price is 円3513.00. Nichirei's Dividends per Share for the forward twelve months is calculated as 円37 * 2 = 円74.
Nichirei's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
74
/
3513.00
=
2.11 %
Current Share Price is 円3513.00. Nichirei's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円74.
* 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.
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.
Thank you for viewing the detailed overview of Nichirei's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nichirei Corp is a Japanese packaged-food company. Its segments are: processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences. The company divisions are: Nichirei Foods, Nichirei Fresh, Logistic Group, and Bioscience. The Nichirei Food segment offers frozen foods, acerola products, and retort-pouch foods, while Nichirei Fresh offers marine products such as shrimp, salmon, trout, crab, octopus, squid, and shellfish, along with meat and poultry products like chicken, pork, and beef. The Nichirei Logistics Group offers transportation, delivery, and regional storage network services. The Bioscience division develops products (for example, antibodies, solution concentrate) and services for medical, cosmetics, health, and biotech companies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:2871 has been successfully added to your