Sony Dividend yield
What is the Dividend yield of Sony?
The Dividend yield of Sony Corp. is 0.67%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Consumer Discretionary sector on OTC compared to Sony
What does Sony do?
Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software titles and add-on content through digital networks by Sony Interactive Entertainment; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications based on animation titles, and various services for music and visual products. In addition, the company offers live-action and animated motion pictures, as well as scripted and unscripted series, daytime serials, game shows, animated series, television movies, and miniseries and other television programs; operates a visual effects and animation unit; manages a studio facility; and operates television and digital networks. Further, it researches, develops, designs, produces, markets, distributes, sells, and services video and sound products; interchangeable lens, compact digital, and consumer and professional video cameras; display products, such as projectors and medical equipment; mobile phones, tablets, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, large-scale integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; creates and distributes content for various electronics product platforms, such as PCs and mobile phones; and provides life and non-life insurance, banking, and other services, as well as batteries, recording media, and storage media products. It has collaboration with The UNOPS. The company was formerly known as Tokyo Tsushin Kogyo Kabushiki Kaisha and changed its name to Sony Corporation in January 1958. The company was founded in 1946 and is headquartered in Tokyo, Japan.
Companies with dividend yield similar to Sony
- Simulations Plus has Dividend yield of 0.66%
- Savita Oil Technologies has Dividend yield of 0.66%
- Orient Cement has Dividend yield of 0.66%
- Bharat Bijlee has Dividend yield of 0.66%
- TCPL Packaging has Dividend yield of 0.66%
- Indraprastha Medical has Dividend yield of 0.66%
- Sony has Dividend yield of 0.67%
- Prithvi Exchange (India) has Dividend yield of 0.67%
- Kingmaker Footwear has Dividend yield of 0.67%
- Alkem Laboratories has Dividend yield of 0.67%
- TCPL Packaging has Dividend yield of 0.67%
- Greenhill & Co Inc has Dividend yield of 0.67%
- WSP Global has Dividend yield of 0.67%