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Minebea Mitsumi (TSE:6479) Forward Dividend Yield % : 1.37% (As of May. 06, 2024)


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What is Minebea Mitsumi Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Minebea Mitsumi is 1.37%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Minebea Mitsumi is 1.37%.

TSE:6479's Forward Dividend Yield % is ranked worse than
69.75% of 1342 companies
in the Hardware industry
Industry Median: 2.41 vs TSE:6479: 1.37

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

During the past 12 months, Minebea Mitsumi's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Minebea Mitsumi was 41.90% per year. The lowest was -11.20% per year. And the median was 12.60% 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 Minebea Mitsumi's Forward Dividend Yield %

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Forward Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Minebea Mitsumi's Forward Dividend Yield % falls into.



Minebea Mitsumi Forward Dividend Yield % Calculation

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

Minebea Mitsumi Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 20.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY: 1.000000
JPY 20.0000002023-09-282023-09-302023-11-29Cash Dividendsemi-annuallyJPY: 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=40/2926.00
=1.37 %

Current Share Price is 円2926.00.
Minebea Mitsumi's Dividends per Share for the forward twelve months is calculated as 円20 * 2 = 円40.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=40/2926.00
=1.37 %

Current Share Price is 円2926.00.
Minebea Mitsumi's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円40.

* 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.


Minebea Mitsumi  (TSE:6479) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Minebea Mitsumi Forward Dividend Yield % Related Terms

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Minebea Mitsumi (TSE:6479) Business Description

Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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