Okayamaken Freight Transportation Co (TSE:9063) Dividend Yield % : 3.94% (As of May. 11, 2024)

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What is Okayamaken Freight Transportation Co Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of Okayamaken Freight Transportation Co is 3.94%.

Good Sign:

Okayamaken Freight Transportation Co Ltd stock dividend yield is close to 10-year high.

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

TSE:9063' s Dividend Yield % Range Over the Past 10 Years
Min: 1.45 Med: 2.38 Max: 3.94
Current: 3.94

During the past 13 years, the highest Dividend Yield of Okayamaken Freight Transportation Co was 3.94%. The lowest was 1.45%. And the median was 2.38%.

TSE:9063's Dividend Yield % is ranked better than
62.36% of 627 companies
in the Transportation industry
Industry Median: 2.99 vs TSE:9063: 3.94

Okayamaken Freight Transportation 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 Okayamaken Freight Transportation Co was 0.21. The lowest was 0.07. And the median was 0.11.

As of today (2024-05-11), the Forward Dividend Yield % of Okayamaken Freight Transportation Co is 3.94%.

Okayamaken Freight Transportation Co's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Okayamaken Freight Transportation Co was 14.50% per year. The lowest was 5.30% 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.

Okayamaken Freight Transportation Co Dividend Yield % Historical Data

The historical data trend for Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co Dividend Yield % Chart

Okayamaken Freight Transportation Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Yield %

Get a 7-Day Free Trial

4.04

5.99

2.68

4.92

5.12

Okayamaken Freight Transportation 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															2.62	5.12	2.48	2.40	2.35

Competitive Comparison of Okayamaken Freight Transportation Co's Dividend Yield %

For the Trucking subindustry, Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okayamaken Freight Transportation Co's Dividend Yield % distribution charts can be found below:

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

Okayamaken Freight Transportation Co Dividend Yield % Calculation

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

Okayamaken Freight Transportation Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
JPY 70.000000	2024-03-28	2024-03-31	2024-06-27	Cash Dividend	semi-annually	JPY: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.

Okayamaken Freight Transportation Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	70	/	3555.00
	=	1.97 %

Current Share Price is 円3555.00.
Okayamaken Freight Transportation Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円70.

Okayamaken Freight Transportation Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	140	/	3555.00
	=	3.94 %

Current Share Price is 円3555.00.
Okayamaken Freight Transportation Co's Dividends per Share for the forward twelve months is calculated as 円70 * 2 = 円140.

Okayamaken Freight Transportation Co (TSE:9063) 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.

Okayamaken Freight Transportation Co Dividend Yield % Related Terms

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Okayamaken Freight Transportation Co (TSE:9063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Okayamaken Freight Transportation Co Ltd (TSE:9063) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027

Website

http://www.okaken.co.jp

Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.

Okayamaken Freight Transportation Co (TSE:9063) Headlines

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