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NEC Networks & System Integration (TSE:1973) Dividend Yield % : 1.95% (As of May. 05, 2024)


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What is NEC Networks & System Integration Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of NEC Networks & System Integration is 1.95%.

Warning Sign:

NEC Networks & System Integration Corp stock dividend yield is close to 2-year low.

The historical rank and industry rank for NEC Networks & System Integration's Dividend Yield % or its related term are showing as below:

TSE:1973' s Dividend Yield % Range Over the Past 10 Years
Min: 1.23   Med: 2.52   Max: 4.38
Current: 1.95

During the past 13 years, the highest Dividend Yield of NEC Networks & System Integration was 4.38%. The lowest was 1.23%. And the median was 2.52%.

TSE:1973's Dividend Yield % is ranked better than
55.94% of 935 companies
in the Software industry
Industry Median: 1.7 vs TSE:1973: 1.95

NEC Networks & System Integration's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.45.

During the past 13 years, the highest Dividend Payout Ratio of NEC Networks & System Integration was 1.31. The lowest was 0.26. And the median was 0.47.

As of today (2024-05-05), the Forward Dividend Yield % of NEC Networks & System Integration is 2.22%.

NEC Networks & System Integration's Dividends per Share for the three months ended in Mar. 2024 was 円24.50.

During the past 12 months, NEC Networks & System Integration's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NEC Networks & System Integration was 32.10% per year. The lowest was 3.70% per year. And the median was 16.30% per year.

The growth rate is calculated with least square regression.

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


NEC Networks & System Integration Dividend Yield % Historical Data

The historical data trend for NEC Networks & System Integration's Dividend Yield % can be seen below:

* 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.

* Premium members only.

NEC Networks & System Integration Dividend Yield % Chart

NEC Networks & System Integration Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.49 2.13 2.85 1.94

NEC Networks & System Integration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 2.32 2.42 2.00 1.94

Competitive Comparison of NEC Networks & System Integration's Dividend Yield %

For the Information Technology Services subindustry, NEC Networks & System Integration's Dividend Yield %, along with its competitors' market caps and 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.


NEC Networks & System Integration's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, NEC Networks & System Integration's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NEC Networks & System Integration's Dividend Yield % falls into.



NEC Networks & System Integration Dividend Yield % Calculation

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

NEC Networks & System Integration Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 24.5000002024-03-282024-03-312024-06-03Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 24.5000002023-09-282023-09-302023-12-04Cash 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.

NEC Networks & System Integration's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=49/2518.00
=1.95 %

Current Share Price is 円2518.00.
NEC Networks & System Integration's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円49.

NEC Networks & System Integration's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=49/2518.00
=1.95 %

Current Share Price is 円2518.00.
NEC Networks & System Integration's Dividends per Share for the forward twelve months is calculated as 円24.5 * 2 = 円49.

* 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.


NEC Networks & System Integration  (TSE:1973) 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.


NEC Networks & System Integration Dividend Yield % Related Terms

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NEC Networks & System Integration (TSE:1973) Business Description

Traded in Other Exchanges
N/A
Address
2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560
NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.

NEC Networks & System Integration (TSE:1973) Headlines

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