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Mitsui High-tec (TSE:6966) 5-Year Dividend Growth Rate : 87.20% (As of Jan. 2024)


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What is Mitsui High-tec 5-Year Dividend Growth Rate?

Mitsui High-tec's Dividends per Share for the three months ended in Jan. 2024 was 円48.00.

During the past 12 months, Mitsui High-tec's average Dividends Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 128.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 87.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsui High-tec was 128.90% per year. The lowest was -48.20% per year. And the median was -2.00% per year.

Mitsui High-tec's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.45. As of today, Mitsui High-tec's Dividend Yield % is 1.01%.

Good Sign:

Mitsui High-tec Inc stock dividend yield is close to 1-year high.

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


Competitive Comparison of Mitsui High-tec's 5-Year Dividend Growth Rate

For the Semiconductors subindustry, Mitsui High-tec's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Mitsui High-tec's 5-Year Dividend Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's 5-Year Dividend Growth Rate falls into.



Mitsui High-tec 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mitsui High-tec  (TSE:6966) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mitsui High-tec's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=48/ 107.472
=0.45

During the past 13 years, the highest Dividend Payout Ratio of Mitsui High-tec was 0.84. The lowest was 0.07. And the median was 0.20.

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

Mitsui High-tec Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 48.0002024-01-302024-01-312024-04-15Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 24.0002023-07-282023-07-312023-10-12Cash 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.

Mitsui High-tec's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=72/7119.00
=1.01 %

Current Share Price is 円7119.00.
Mitsui High-tec's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円72.

During the past 13 years, the highest Dividend Yield of Mitsui High-tec was 2.80%. The lowest was 0.09%. And the median was 0.93%.

Good Sign:

Mitsui High-tec Inc stock dividend yield is close to 1-year high.

* 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.


Mitsui High-tec 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Mitsui High-tec's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsui High-tec (TSE:6966) Business Description

Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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