Asahi Diamond Industrial Co (TSE:6140) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Asahi Diamond Industrial Co Dividend Payout Ratio?

Asahi Diamond Industrial Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Asahi Diamond Industrial Co Ltd is 1.12, which seems too high.

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

TSE:6140' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.46 Max: 51.28
Current: 1.12

During the past 13 years, the highest Dividend Payout Ratio of Asahi Diamond Industrial Co was 51.28. The lowest was 0.23. And the median was 0.46.

TSE:6140's Dividend Payout Ratio is ranked worse than
91.6% of 1666 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6140: 1.12

As of today (2024-05-05), the Dividend Yield % of Asahi Diamond Industrial Co is 3.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asahi Diamond Industrial Co was 4.28%. The lowest was 0.84%. And the median was 2.09%.

Asahi Diamond Industrial Co's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 12 months, Asahi Diamond Industrial Co's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 37.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asahi Diamond Industrial Co was 37.50% per year. The lowest was -24.30% per year. And the median was 1.30% per year.

The growth rate is calculated with least square regression.

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

Asahi Diamond Industrial Co Dividend Payout Ratio Historical Data

The historical data trend for Asahi Diamond Industrial 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.

Asahi Diamond Industrial Co Dividend Payout Ratio Chart

Asahi Diamond Industrial Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.36

51.28

0.49

0.60

Asahi Diamond Industrial 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															-	4.19	-	1.73	-

Competitive Comparison of Asahi Diamond Industrial Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, Asahi Diamond Industrial 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.

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

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

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

Asahi Diamond Industrial Co Dividend Payout Ratio Calculation

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

Asahi Diamond Industrial Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	26	/	43.263
	=	0.60

Asahi Diamond Industrial 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	/	6.955
	=	0.00

Asahi Diamond Industrial Co (TSE:6140) 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.

Asahi Diamond Industrial Co Dividend Payout Ratio Related Terms

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

Asahi Diamond Industrial Co (TSE:6140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asahi Diamond Industrial Co Ltd (TSE:6140) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

The New Otani Garden Court, 11thFloor 4-1, Kioi-cho,Chiyoda-ku, Tokyo, JPN, 102-0094

Website

http://www.asahidia.co.jp

Asahi Diamond Industrial Co., Ltd. is a Japan-based company engaged in the manufacture and sale of diamond tools. The company is involved in the production, sale, import, and export of various tools, instruments, and precision machines applicable for diamond and other high-hardness objects. It offers a range of product which includes blades, wheels, and cutters to dies and dressers. These products cater to various industries such as electronics and semiconductors, transportation machinery, stone and construction, and industrial materials.

Asahi Diamond Industrial Co (TSE:6140) Headlines

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