GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Industries Inc (OTCPK:TRYIY) » Definitions » 5-Year Dividend Growth Rate

Toray Industries (Toray Industries) 5-Year Dividend Growth Rate : 1.00% (As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Toray Industries 5-Year Dividend Growth Rate?

Toray Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Toray Industries's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.40% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toray Industries was 26.00% per year. The lowest was -20.60% per year. And the median was 7.20% per year.

Toray Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Toray Industries's Dividend Yield % is 2.76%.

Good Sign:

Toray Industries Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Toray Industries's 5-Year Dividend Growth Rate

For the Textile Manufacturing subindustry, Toray Industries's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Toray Industries's 5-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Toray Industries's 5-Year Dividend Growth Rate falls into.



Toray Industries 5-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 least square regression.

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.


Toray Industries  (OTCPK:TRYIY) 5-Year Dividend Growth Rate Explanation

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

Toray Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.145
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Toray Industries was 0.65. The lowest was 0.21. 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.

Toray Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1222023-09-282023-09-292023-12-15Cash Dividendsemi-annuallyUSD:USD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.122/8.9375
=1.37 %

Current Share Price is $8.9375.
Toray Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.122.

During the past 13 years, the highest Dividend Yield of Toray Industries was 4.00%. The lowest was 0.97%. And the median was 1.65%.

Good Sign:

Toray Industries Inc stock dividend yield is close to 3-year high.

* 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.


Toray Industries 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Toray Industries's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Toray Industries (Toray Industries) Business Description

Traded in Other Exchanges
Address
Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666
Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.

Toray Industries (Toray Industries) Headlines