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Sincere Co (TSE:7782) Dividend Yield % : 2.82% (As of May. 14, 2024)


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What is Sincere Co Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Sincere Co is 2.82%.

Good Sign:

Sincere Co Ltd stock dividend yield is close to 10-year high.

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

TSE:7782' s Dividend Yield % Range Over the Past 10 Years
Min: 0.3   Med: 1.03   Max: 2.86
Current: 2.82

During the past 10 years, the highest Dividend Yield of Sincere Co was 2.86%. The lowest was 0.30%. And the median was 1.03%.

TSE:7782's Dividend Yield % is ranked better than
69.35% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs TSE:7782: 2.82

Sincere Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.26.

During the past 10 years, the highest Dividend Payout Ratio of Sincere Co was 0.86. The lowest was 0.15. And the median was 0.36.

As of today (2024-05-14), the Forward Dividend Yield % of Sincere Co is 4.84%.

Sincere Co's Dividends per Share for the three months ended in Dec. 2023 was 円14.00.

During the past 12 months, Sincere Co's average Dividends Per Share Growth Rate was 250.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.80% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Sincere Co was 35.70% per year. The lowest was -26.30% per year. And the median was 4.80% per year.

The growth rate is calculated with least square regression.

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


Sincere Co Dividend Yield % Historical Data

The historical data trend for Sincere 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.

Sincere Co Dividend Yield % Chart

Sincere Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 1.56 1.54 2.18 1.86

Sincere Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.18 0.73 0.67 0.72 1.86

Competitive Comparison of Sincere Co's Dividend Yield %

For the Medical Instruments & Supplies subindustry, Sincere 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.


Sincere Co's Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's Dividend Yield % distribution charts can be found below:

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



Sincere Co Dividend Yield % Calculation

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

Sincere Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 14.0000002023-12-282023-12-312024-03-29Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=14/496.00
=2.82 %

Current Share Price is 円496.00.
Sincere Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円14.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=28/496.00
=5.65 %

Current Share Price is 円496.00.
Sincere Co's Dividends per Share for the forward twelve months is calculated as 円14 * 2 = 円28.

* 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.


Sincere Co  (TSE:7782) 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.


Sincere Co Dividend Yield % Related Terms

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


Sincere Co (TSE:7782) Business Description

Traded in Other Exchanges
N/A
Address
30-1, Nihonbashi hakozaki cho, Tama building Nihonbashi Hakozaki, 10th Floor, Chuo-ku, Tokyo, JPN, 103-0015
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens. It offers daily disposable malleable contact lens, color contact lens, and conventional disposable soft contact lens.

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