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Meiji Holdings Co (TSE:2269) 3-Year Dividend Growth Rate : 8.20% (As of Mar. 2024)


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What is Meiji Holdings Co 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Meiji Holdings Co's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:2269' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.6   Med: 8.2   Max: 37.5
Current: 8.2

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.

TSE:2269's 3-Year Dividend Growth Rate is ranked worse than
50.61% of 656 companies
in the Consumer Packaged Goods industry
Industry Median: 8.45 vs TSE:2269: 8.20

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Meiji Holdings Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 5.84. As of today, Meiji Holdings Co's Dividend Yield % is 2.69%.

Good Sign:

Meiji Holdings Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Meiji Holdings Co's 3-Year Dividend Growth Rate

For the Packaged Foods subindustry, Meiji Holdings Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Meiji Holdings Co's 3-Year Dividend Growth Rate falls into.



Meiji Holdings Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Meiji Holdings Co  (TSE:2269) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Meiji Holdings Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=47.5/ 8.131
=5.84

During the past 13 years, the highest Dividend Payout Ratio of Meiji Holdings Co was 0.65. The lowest was 0.21. And the median was 0.31.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=95/3533.00
=2.69 %

Current Share Price is 円3533.00.
Meiji Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円95.

During the past 13 years, the highest Dividend Yield of Meiji Holdings Co was 2.89%. The lowest was 0.48%. And the median was 1.63%.

Good Sign:

Meiji Holdings Co Ltd stock dividend yield is close to 10-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


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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