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NHK Spring Co (TSE:5991) Dividend Yield % : 2.44% (As of May. 31, 2024)


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What is NHK Spring Co Dividend Yield %?

As of today (2024-05-31), the Trailing Annual Dividend Yield of NHK Spring Co is 2.44%.

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

TSE:5991' s Dividend Yield % Range Over the Past 10 Years
Min: 1.16   Med: 2.15   Max: 3.83
Current: 2.44

During the past 13 years, the highest Dividend Yield of NHK Spring Co was 3.83%. The lowest was 1.16%. And the median was 2.15%.

TSE:5991's Dividend Yield % is ranked better than
53.82% of 812 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs TSE:5991: 2.44

NHK Spring Co'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 NHK Spring Co was 0.42. The lowest was 0.20. And the median was 0.28.

As of today (2024-05-31), the Forward Dividend Yield % of NHK Spring Co is 3.48%.

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

During the past 12 months, NHK Spring Co's average Dividends Per Share Growth Rate was 31.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NHK Spring Co was 35.20% per year. The lowest was -9.60% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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


NHK Spring Co Dividend Yield % Historical Data

The historical data trend for NHK Spring Co'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.

NHK Spring Co Dividend Yield % Chart

NHK Spring Co 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 3.39 1.20 2.71 3.38 2.68

NHK Spring Co 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 3.38 3.05 2.97 2.84 2.68

Competitive Comparison of NHK Spring Co's Dividend Yield %

For the Auto Parts subindustry, NHK Spring Co'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.


NHK Spring Co's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NHK Spring Co's Dividend Yield % falls into.



NHK Spring Co Dividend Yield % Calculation

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

NHK Spring Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 25.0000002024-03-282024-03-312024-06-26Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 17.0000002023-09-282023-09-302023-12-04Cash 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.

NHK Spring Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=42/1724.50
=2.44 %

Current Share Price is 円1724.50.
NHK Spring Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円42.

NHK Spring Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=50/1724.50
=2.90 %

Current Share Price is 円1724.50.
NHK Spring Co's Dividends per Share for the forward twelve months is calculated as 円25 * 2 = 円50.

* 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.


NHK Spring Co  (TSE:5991) 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.


NHK Spring Co Dividend Yield % Related Terms

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NHK Spring Co (TSE:5991) Business Description

Traded in Other Exchanges
Address
3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company also produces leaf springs, coil springs, stabilizer bars, torsion bars, gas springs, automobile seats and seating components, hard disk drives suspensions and mechanical components, LCD/semiconductor testing probe units, and industrial machinery and equipment parts. The automotive suspension springs and precision springs segments and automotive seating segment generate the majority of NHK Spring's revenue. Geographically, Japan is the largest end market followed by other Asian countries and North America.

NHK Spring Co (TSE:5991) Headlines

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