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Morita Holdings (TSE:6455) Dividend Payout Ratio : 0.24 (As of Mar. 2024)


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What is Morita Holdings Dividend Payout Ratio?

Morita Holdings's dividend payout ratio for the months ended in Mar. 2024 was 0.24.

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

TSE:6455' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.26   Max: 0.5
Current: 0.34


During the past 13 years, the highest Dividend Payout Ratio of Morita Holdings was 0.50. The lowest was 0.17. And the median was 0.26.

TSE:6455's Dividend Payout Ratio is ranked worse than
51.41% of 1665 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6455: 0.34

As of today (2024-05-11), the Dividend Yield % of Morita Holdings is 2.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Morita Holdings was 3.61%. The lowest was 1.01%. And the median was 1.94%.

Morita Holdings's Dividends per Share for the months ended in Mar. 2024 was 円24.00.

During the past 12 months, Morita Holdings's average Dividends Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morita Holdings was 47.40% per year. The lowest was -30.70% per year. And the median was 9.60% per year.

The growth rate is calculated with least square regression.

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


Morita Holdings Dividend Payout Ratio Historical Data

The historical data trend for Morita Holdings'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.

Morita Holdings Dividend Payout Ratio Chart

Morita Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.33 0.50 0.34

Morita Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 - 1.07 - 0.24

Competitive Comparison of Morita Holdings's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Morita Holdings'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.


Morita Holdings's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Morita Holdings's Dividend Payout Ratio falls into.



Morita Holdings Dividend Payout Ratio Calculation

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

Morita Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=48/ 141.51
=0.34

Morita Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=24/ 100.027
=0.24

* 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.


Morita Holdings (TSE:6455) 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.


Morita Holdings Dividend Payout Ratio Related Terms

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


Morita Holdings (TSE:6455) Business Description

Traded in Other Exchanges
N/A
Address
Doshumachi 3-6-1, Keihanshin Midosuji Building 12th Floor, Chuo-ku, Osaka, JPN, 541-0045
Morita Holdings Corp and its subsidiaries are in the business of manufacturing and selling fire trucks, fire extinguishers and equipment, recycling machines, environmental conservation vehicles and support wear and also manufacturing and sales of electronic applied machinery and information processing machinery, fabrication repair and sales of specialized vehicles.

Morita Holdings (TSE:6455) Headlines

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