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Renesas Electronics (TSE:6723) Forward Dividend Yield % : 1.10% (As of Apr. 28, 2024)


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What is Renesas Electronics Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Renesas Electronics is 1.10%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Renesas Electronics is 1.10%.

TSE:6723's Forward Dividend Yield % is ranked worse than
60.53% of 532 companies
in the Semiconductors industry
Industry Median: 1.54 vs TSE:6723: 1.10

Renesas Electronics's Dividends per Share for the three months ended in Dec. 2023 was 円28.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Renesas Electronics's Forward Dividend Yield %

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics's Forward Dividend Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Forward Dividend Yield % distribution charts can be found below:

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



Renesas Electronics Forward Dividend Yield % Calculation

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

Renesas Electronics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 28.0002023-12-282023-12-312024-03-29Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=56/2539.50
=2.21 %

Current Share Price is 円2539.50.
Renesas Electronics's Dividends per Share for the forward twelve months is calculated as 円28 * 2 = 円56.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=28/2539.50
=1.10 %

Current Share Price is 円2539.50.
Renesas Electronics's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円28.

* 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.


Renesas Electronics  (TSE:6723) 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.


Renesas Electronics Forward Dividend Yield % Related Terms

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Renesas Electronics (TSE:6723) Business Description

Traded in Other Exchanges
Address
Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics Corp is a Japan-based company that manufactures and distributes semiconductor components and other products for use in automotive, healthcare, computer peripheral, connectivity, home appliance, and industrial end markets. Its product portfolio includes microcontrollers and microprocessors, embedded systems platform, insulated-gate bipolar transistors, intelligent power devices, thrysistors, transistors, diodes, analog integrated circuits, and optoelectronics products. The firm has operations in Japan, the Americas, Europe, Middle East and Africa, and Asia.

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