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NOK (TSE:7240) Dividend Yield % : 4.02% (As of Jun. 02, 2024)


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What is NOK Dividend Yield %?

As of today (2024-06-02), the Trailing Annual Dividend Yield of NOK is 4.02%.

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

TSE:7240' s Dividend Yield % Range Over the Past 10 Years
Min: 0.65   Med: 2.41   Max: 5.13
Current: 4.02

During the past 13 years, the highest Dividend Yield of NOK was 5.13%. The lowest was 0.65%. And the median was 2.41%.

TSE:7240's Dividend Yield % is ranked better than
79.24% of 814 companies
in the Vehicles & Parts industry
Industry Median: 2.255 vs TSE:7240: 4.02

NOK'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 NOK was 1.28. The lowest was 0.18. And the median was 0.43.

As of today (2024-06-02), the Forward Dividend Yield % of NOK is 4.60%.

NOK's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, NOK's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 51.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NOK was 51.80% 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.


NOK Dividend Yield % Historical Data

The historical data trend for NOK'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.

NOK Dividend Yield % Chart

NOK 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 4.19 1.67 4.36 3.42 3.60

NOK 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 3.42 3.57 4.41 4.65 3.60

Competitive Comparison of NOK's Dividend Yield %

For the Auto Parts subindustry, NOK'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.


NOK's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NOK's Dividend Yield % distribution charts can be found below:

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



NOK Dividend Yield % Calculation

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

NOK Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 50.0000002024-03-282024-03-312024-06-27Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 37.5000002023-09-282023-09-302023-12-04Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=87.5/2175.00
=4.02 %

Current Share Price is 円2175.00.
NOK's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円87.5.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=100/2175.00
=4.60 %

Current Share Price is 円2175.00.
NOK's Dividends per Share for the forward twelve months is calculated as 円50 * 2 = 円100.

* 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.


NOK  (TSE:7240) 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.


NOK Dividend Yield % Related Terms

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


NOK (TSE:7240) Business Description

Traded in Other Exchanges
N/A
Address
3-13-12 Mita, Mita MT Building, Minato-ku, Tokyo, JPN, 108-0073
NOK Corp is a Japan-based company engaged in manufactures oil seals and industrial rubber products for automobiles. It manufactures seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemicals, amongst others. The company's business segments include, Seal business, Electronic Device Product business, Roll business and Other businesses.

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