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CTS Co (TSE:4345) Dividend Yield % : 2.96% (As of May. 21, 2024)


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What is CTS Co Dividend Yield %?

As of today (2024-05-21), the Trailing Annual Dividend Yield of CTS Co is 2.96%.

Good Sign:

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

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

TSE:4345' s Dividend Yield % Range Over the Past 10 Years
Min: 0.73   Med: 1.92   Max: 4.02
Current: 2.96

During the past 13 years, the highest Dividend Yield of CTS Co was 4.02%. The lowest was 0.73%. And the median was 1.92%.

TSE:4345's Dividend Yield % is ranked better than
53.99% of 589 companies
in the Business Services industry
Industry Median: 2.84 vs TSE:4345: 2.96

CTS 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 CTS Co was 0.45. The lowest was 0.31. And the median was 0.37.

As of today (2024-05-21), the Forward Dividend Yield % of CTS Co is 3.29%.

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

During the past 12 months, CTS Co's average Dividends Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CTS Co was 35.70% per year. The lowest was -5.80% per year. And the median was 23.40% per year.

The growth rate is calculated with least square regression.

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


CTS Co Dividend Yield % Historical Data

The historical data trend for CTS 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.

CTS Co Dividend Yield % Chart

CTS Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.19 1.49 1.90 2.21

CTS 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 2.11 2.21 2.30 2.72 2.92

Competitive Comparison of CTS Co's Dividend Yield %

For the Rental & Leasing Services subindustry, CTS 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.


CTS Co's Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CTS Co's Dividend Yield % distribution charts can be found below:

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



CTS Co Dividend Yield % Calculation

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

CTS Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 12.5000002024-03-282024-03-312024-05-29Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 10.0000002023-09-282023-09-302023-12-01Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=22.5/760.00
=2.96 %

Current Share Price is 円760.00.
CTS Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円22.5.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=25/760.00
=3.29 %

Current Share Price is 円760.00.
CTS Co's Dividends per Share for the forward twelve months is calculated as 円12.5 * 2 = 円25.

* 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.


CTS Co  (TSE:4345) 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.


CTS Co Dividend Yield % Related Terms

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


CTS Co (TSE:4345) Business Description

Traded in Other Exchanges
N/A
Address
115 Kuriyasu, Nagano Prefecture, Ueda, JPN
CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

CTS Co (TSE:4345) Headlines

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