As of today (2024-05-14), the Forward Annual Dividend Yield of Hokuriku Gas Co is 4.68%.
As of today (2024-05-14), the Trailing Annual Dividend Yield of Hokuriku Gas Co is 4.68%.
TSE:9537's Forward Dividend Yield % is ranked better than 59.15% of 426
companies
in the Utilities - Regulated industry
Industry Median: 4.025
vs TSE:9537: 4.68
During the past 10 years, the average Dividends Per Share Growth Rate was 0.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hokuriku Gas Co was 4.60% per year. The lowest was 4.60% per year. And the median was 4.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Hokuriku Gas Co's Forward Dividend Yield %
For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Hokuriku Gas Co's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hokuriku Gas Co's Forward Dividend Yield % falls into.
Hokuriku Gas Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Hokuriku Gas Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 80.000000
2024-03-28
2024-03-31
0000-00-00
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.
Hokuriku Gas Co's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
Hokuriku Gas Co (TSE:9537) Forward 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.
Hokuriku Gas Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Hokuriku Gas Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas, and gas-related equipment. It is involved in the manufacture, supply and sale of city gas, the operation of gas works, as well as the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
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