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Verite Co (TSE:9904) Forward Dividend Yield % : 9.49% (As of May. 26, 2024)


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What is Verite Co Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of Verite Co is 9.49%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of Verite Co is 5.15%.

TSE:9904's Forward Dividend Yield % is ranked better than
95.23% of 566 companies
in the Retail - Cyclical industry
Industry Median: 2.86 vs TSE:9904: 9.49

Verite Co's Dividends per Share for the three months ended in Dec. 2023 was 円10.05.

During the past 12 months, Verite Co's average Dividends Per Share Growth Rate was 17.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Verite Co was 21.90% per year. The lowest was -5.00% 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.


Competitive Comparison of Verite Co's Forward Dividend Yield %

For the Luxury Goods subindustry, Verite 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.


Verite Co's Forward Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Forward Dividend Yield % distribution charts can be found below:

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



Verite Co Forward Dividend Yield % Calculation

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

Verite Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 10.0500002023-12-282023-12-312024-02-26Cash DividendquarterlyJPY:JPY 1.000000
JPY 10.0500002023-06-292023-06-302023-08-25Cash DividendquarterlyJPY: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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=40.2/390.00
=10.31 %

Current Share Price is 円390.00.
Verite Co's Dividends per Share for the forward twelve months is calculated as 円10.05 * 4 = 円40.2.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=20.1/390.00
=5.15 %

Current Share Price is 円390.00.
Verite Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円20.1.

* 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.


Verite Co  (TSE:9904) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Verite Co Forward Dividend Yield % Related Terms

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Verite Co (TSE:9904) Business Description

Traded in Other Exchanges
N/A
Address
Tsuruya-machi 3 - chome 33 - 8, Yokohama-shi Kanagawa-ku, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing, and renovation.

Verite Co (TSE:9904) Headlines

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