As of today (2024-05-24), the Trailing Annual Dividend Yield of Solasto is 4.26%.
Good Sign:
Solasto Corp stock dividend yield is close to 10-year high.
The historical rank and industry rank for Solasto's Dividend Yield % or its related term are showing as below:
TSE:6197'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.01 Med: 1.86 Max: 4.34
Current: 4.26
During the past 9 years, the highest Dividend Yield of Solasto was 4.34%. The lowest was 1.01%. And the median was 1.86%.
TSE:6197's Dividend Yield % is ranked better than 84.79% of 263
companies
in the Healthcare Providers & Services industry
Industry Median: 2.01
vs TSE:6197: 4.26
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Solasto Corp is 0.73, which seems too high.
During the past 9 years, the highest Dividend Payout Ratio of Solasto was 0.73. The lowest was 0.24. And the median was 0.51.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Solasto was 47.70% per year. The lowest was 0.80% per year. And the median was 5.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Solasto Dividend Yield % Historical Data
The historical data trend for Solasto'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.
Competitive Comparison of Solasto's Dividend Yield %
For the Medical Care Facilities subindustry, Solasto'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.
Solasto's Dividend Yield % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Solasto's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Solasto's Dividend Yield % falls into.
Solasto Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Solasto Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 10.000000
2024-03-28
2024-03-31
2024-06-07
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 10.000000
2023-09-28
2023-09-30
2023-11-27
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.
Solasto's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
20
/
469.00
=
4.26 %
Current Share Price is 円469.00. Solasto's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円20.
Solasto's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
20
/
469.00
=
4.26 %
Current Share Price is 円469.00. Solasto's Dividends per Share for the forward twelve months is calculated as 円10 * 2 = 円20.
* 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.
Solasto (TSE:6197) 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.
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