GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nichias Corp (TSE:5393) » Definitions » 3-Year Dividend Growth Rate

Nichias (TSE:5393) 3-Year Dividend Growth Rate : 8.80% (As of Mar. 2024)


View and export this data going back to 1961. Start your Free Trial

What is Nichias 3-Year Dividend Growth Rate?

Nichias's Dividends per Share for the three months ended in Mar. 2024 was 円50.00.

The historical rank and industry rank for Nichias's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:5393' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.6   Med: 13   Max: 44.2
Current: 8.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nichias was 44.20% per year. The lowest was -28.60% per year. And the median was 13.00% per year.

TSE:5393's 3-Year Dividend Growth Rate is ranked worse than
55.36% of 224 companies
in the Conglomerates industry
Industry Median: 11.9 vs TSE:5393: 8.80

During the past 12 months, Nichias's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Nichias's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.44. As of today, Nichias's Dividend Yield % is 2.25%.

Warning Sign:

Nichias Corp stock dividend yield is close to 5-year low.

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


Competitive Comparison of Nichias's 3-Year Dividend Growth Rate

For the Conglomerates subindustry, Nichias's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Nichias's 3-Year Dividend Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nichias's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nichias's 3-Year Dividend Growth Rate falls into.



Nichias 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Nichias  (TSE:5393) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nichias's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=50/ 113.205
=0.44

During the past 13 years, the highest Dividend Payout Ratio of Nichias was 0.39. The lowest was 0.22. And the median was 0.27.

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

Nichias Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 50.0000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 48.0000002023-09-282023-09-302023-12-01Cash 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.

Nichias's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=98/4395.00
=2.23 %

Current Share Price is 円4395.00.
Nichias's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円98.

During the past 13 years, the highest Dividend Yield of Nichias was 4.22%. The lowest was 1.64%. And the median was 2.46%.

Warning Sign:

Nichias Corp stock dividend yield is close to 5-year low.

* 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.


Nichias 3-Year Dividend Growth Rate Related Terms>


Nichias (TSE:5393) Business Description

Industry
Traded in Other Exchanges
Address
6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555
Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

Nichias (TSE:5393) Headlines

No Headlines