What is Nippon Shinyaku Co Forward Dividend Yield %?
As of today (2024-05-05), the Forward Annual Dividend Yield of Nippon Shinyaku Co is 2.83%.
As of today (2024-05-05), the Trailing Annual Dividend Yield of Nippon Shinyaku Co is 2.83%.
TSE:4516's Forward Dividend Yield % is ranked better than 70.56% of 496
companies
in the Drug Manufacturers industry
Industry Median: 1.82
vs TSE:4516: 2.83
During the past 12 months, Nippon Shinyaku Co's average Dividends Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 21.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Shinyaku Co was 53.30% per year. The lowest was 1.80% per year. And the median was 16.45% 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 Nippon Shinyaku Co's Forward Dividend Yield %
For the Drug Manufacturers - Specialty & Generic subindustry, Nippon Shinyaku 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.
Nippon Shinyaku Co's Forward Dividend Yield % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Nippon Shinyaku Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nippon Shinyaku Co's Forward Dividend Yield % falls into.
Nippon Shinyaku Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nippon Shinyaku Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 62.000000
2024-03-28
2024-03-31
0000-00-00
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 62.000000
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.
Nippon Shinyaku Co's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
Nippon Shinyaku Co (TSE:4516) 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.
Nippon Shinyaku Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Nippon Shinyaku Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Shinyaku Co (TSE:4516) Business Description
Nippon Shinyaku Co Ltd is a specialty and generic drug manufacturing company. Nippon's research and development activities include a focus on pharmaceuticals, nutraceuticals, safety and pharmacokinetics of drug seeds, genomic drug discovery, and nucleic acid drugs. The company also develops health food ingredients, preservatives, protein preparations, and spices. Nippon considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.
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