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Mitsubishi Shokuhin Co (TSE:7451) Forward Dividend Yield % : 3.51% (As of May. 16, 2024)


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What is Mitsubishi Shokuhin Co Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of Mitsubishi Shokuhin Co is 3.51%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of Mitsubishi Shokuhin Co is 2.96%.

TSE:7451's Forward Dividend Yield % is ranked better than
62.93% of 205 companies
in the Retail - Defensive industry
Industry Median: 2.74 vs TSE:7451: 3.51

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

During the past 12 months, Mitsubishi Shokuhin Co's average Dividends Per Share Growth Rate was 45.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 47.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsubishi Shokuhin Co was 56.30% per year. The lowest was 1.60% per year. And the median was 19.55% 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 Mitsubishi Shokuhin Co's Forward Dividend Yield %

For the Food Distribution subindustry, Mitsubishi Shokuhin 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.


Mitsubishi Shokuhin Co's Forward Dividend Yield % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mitsubishi Shokuhin Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Shokuhin Co's Forward Dividend Yield % falls into.



Mitsubishi Shokuhin Co Forward Dividend Yield % Calculation

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

Mitsubishi Shokuhin Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 80.0000002024-03-282024-03-312024-06-25Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 80.0000002023-09-282023-09-302023-12-04Cash 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.

Mitsubishi Shokuhin Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=160/5360.00
=2.99 %

Current Share Price is 円5360.00.
Mitsubishi Shokuhin Co's Dividends per Share for the forward twelve months is calculated as 円80 * 2 = 円160.

Mitsubishi Shokuhin Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=160/5360.00
=2.99 %

Current Share Price is 円5360.00.
Mitsubishi Shokuhin Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円160.

* 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.


Mitsubishi Shokuhin Co  (TSE:7451) 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.


Mitsubishi Shokuhin Co Forward Dividend Yield % Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Traded in Other Exchanges
N/A
Address
6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556
Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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