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Kobe Steel (TSE:5406) Dividend Yield % : 4.71% (As of May. 18, 2024)


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What is Kobe Steel Dividend Yield %?

As of today (2024-05-18), the Trailing Annual Dividend Yield of Kobe Steel is 4.71%.

Good Sign:

Kobe Steel Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Kobe Steel's Dividend Yield % or its related term are showing as below:

TSE:5406' s Dividend Yield % Range Over the Past 10 Years
Min: 1.14   Med: 2.99   Max: 7.76
Current: 4.71

During the past 13 years, the highest Dividend Yield of Kobe Steel was 7.76%. The lowest was 1.14%. And the median was 2.99%.

TSE:5406's Dividend Yield % is ranked better than
76.34% of 355 companies
in the Steel industry
Industry Median: 2.79 vs TSE:5406: 4.71

Kobe Steel's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Kobe Steel was 1.39. The lowest was 0.17. And the median was 0.21.

As of today (2024-05-18), the Forward Dividend Yield % of Kobe Steel is 4.71%.

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

During the past 12 months, Kobe Steel's average Dividends Per Share Growth Rate was 125.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 108.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kobe Steel was 108.00% per year. The lowest was -47.70% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Kobe Steel Dividend Yield % Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Dividend Yield % Chart

Kobe Steel 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 2.99 - 5.08 3.80 4.38

Kobe Steel 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 3.80 3.03 3.59 3.84 4.38

Competitive Comparison of Kobe Steel's Dividend Yield %

For the Steel subindustry, Kobe Steel'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.


Kobe Steel's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Kobe Steel's Dividend Yield % falls into.



Kobe Steel Dividend Yield % Calculation

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

Kobe Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 45.0000002024-03-282024-03-312024-05-31Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 45.0000002023-09-282023-09-302023-12-01Cash 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.

Kobe Steel's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=90/1911.00
=4.71 %

Current Share Price is 円1911.00.
Kobe Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円90.

Kobe Steel's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=90/1911.00
=4.71 %

Current Share Price is 円1911.00.
Kobe Steel's Dividends per Share for the forward twelve months is calculated as 円45 * 2 = 円90.

* 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.


Kobe Steel  (TSE:5406) 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.


Kobe Steel Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Kobe Steel's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kobe Steel (TSE:5406) Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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