THK Co (THK Co) Dividend Payout Ratio : 0.43 (As of Dec. 2023)

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What is THK Co Dividend Payout Ratio?

THK Co's dividend payout ratio for the months ended in Dec. 2023 was 0.43.

The historical rank and industry rank for THK Co's Dividend Payout Ratio or its related term are showing as below:

THKLY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.31 Max: 0.5
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of THK Co was 0.50. The lowest was 0.22. And the median was 0.31.

THKLY's Dividend Payout Ratio is ranked better than
53.14% of 1673 companies
in the Industrial Products industry
Industry Median: 0.33 vs THKLY: 0.29

As of today (2024-04-28), the Dividend Yield % of THK Co is 1.41%.

During the past 13 years, the highest Trailing Annual Dividend Yield of THK Co was 4.21%. The lowest was 0.37%. And the median was 1.54%.

THK Co's Dividends per Share for the months ended in Dec. 2023 was $0.05.

During the past 12 months, THK Co's average Dividends Per Share Growth Rate was -47.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of THK Co was 45.30% per year. The lowest was -28.50% per year. And the median was 16.40% per year.

The growth rate is calculated with least square regression.

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

THK Co Dividend Payout Ratio Historical Data

The historical data trend for THK Co's Dividend Payout Ratio 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.

THK Co Dividend Payout Ratio Chart

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.35

0.32

0.49

0.30

THK Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.70	-	0.43

Competitive Comparison of THK Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, THK Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

THK Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, THK Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where THK Co's Dividend Payout Ratio falls into.

THK Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

THK Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.155	/	0.521
	=	0.30

THK Co'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 )
	=	0.052	/	0.122
	=	0.43

THK Co (OTCPK:THKLY) Dividend Payout Ratio Explanation

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.

THK Co Dividend Payout Ratio Related Terms

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

THK Co (THK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (OTCPK:THKLY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

6481:Japan 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.