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Nissin Foods Holdings Co (TSE:2897) Dividend Yield % : 1.69% (As of May. 30, 2024)


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What is Nissin Foods Holdings Co Dividend Yield %?

As of today (2024-05-30), the Trailing Annual Dividend Yield of Nissin Foods Holdings Co is 1.69%.

Good Sign:

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

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

TSE:2897' s Dividend Yield % Range Over the Past 10 Years
Min: 0.36   Med: 1.3   Max: 2.08
Current: 1.69

During the past 13 years, the highest Dividend Yield of Nissin Foods Holdings Co was 2.08%. The lowest was 0.36%. And the median was 1.30%.

TSE:2897's Dividend Yield % is ranked worse than
62.27% of 1100 companies
in the Consumer Packaged Goods industry
Industry Median: 2.31 vs TSE:2897: 1.69

Nissin Foods Holdings Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Nissin Foods Holdings Co was 0.60. The lowest was 0.28. And the median was 0.39.

As of today (2024-05-30), the Forward Dividend Yield % of Nissin Foods Holdings Co is 1.77%.

Nissin Foods Holdings Co's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Nissin Foods Holdings Co's average Dividends Per Share Growth Rate was 42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nissin Foods Holdings Co was 49.40% per year. The lowest was -20.60% per year. And the median was 8.70% per year.

The growth rate is calculated with least square regression.

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


Nissin Foods Holdings Co Dividend Yield % Historical Data

The historical data trend for Nissin Foods Holdings 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.

Nissin Foods Holdings Co Dividend Yield % Chart

Nissin Foods Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.34 1.40 1.15 1.59

Nissin Foods Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.15 1.18 1.25 1.05 1.59

Competitive Comparison of Nissin Foods Holdings Co's Dividend Yield %

For the Packaged Foods subindustry, Nissin Foods Holdings 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.


Nissin Foods Holdings Co's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

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

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



Nissin Foods Holdings Co Dividend Yield % Calculation

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

Nissin Foods Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002024-03-282024-03-312024-06-27Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 26.6666672023-09-282023-09-302023-11-29Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=66.666667/3955.00
=1.69 %

Current Share Price is 円3955.00.
Nissin Foods Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円66.666667.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=80/3955.00
=2.02 %

Current Share Price is 円3955.00.
Nissin Foods Holdings Co's Dividends per Share for the forward twelve months is calculated as 円40 * 2 = 円80.

* 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.


Nissin Foods Holdings Co  (TSE:2897) 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.


Nissin Foods Holdings Co Dividend Yield % Related Terms

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


Nissin Foods Holdings Co (TSE:2897) Business Description

Traded in Other Exchanges
Address
1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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