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Daido Signal Co (TSE:6743) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Daido Signal Co Dividend Payout Ratio?

Daido Signal 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 Daido Signal Co Ltd is 0.76, which seems too high.

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

TSE:6743' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.14   Max: 0.76
Current: 0.76


During the past 13 years, the highest Dividend Payout Ratio of Daido Signal Co was 0.76. The lowest was 0.11. And the median was 0.14.

TSE:6743's Dividend Payout Ratio is ranked worse than
84.66% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6743: 0.76

As of today (2024-06-05), the Dividend Yield % of Daido Signal Co is 2.06%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daido Signal Co was 3.21%. The lowest was 1.44%. And the median was 2.02%.

Daido Signal Co's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daido Signal Co was 12.60% per year. The lowest was 12.60% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

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


Daido Signal Co Dividend Payout Ratio Historical Data

The historical data trend for Daido Signal 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.

Daido Signal Co Dividend Payout Ratio Chart

Daido Signal Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.15 0.22 0.30

Daido Signal 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 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 - 1.64 - - -

Competitive Comparison of Daido Signal Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Daido Signal 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.


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

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

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



Daido Signal Co Dividend Payout Ratio Calculation

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

Daido Signal 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 )
=10/ 33.607
=0.30

Daido Signal 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/ 4.541
=0.00

* 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.


Daido Signal Co (TSE:6743) 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.


Daido Signal Co Dividend Payout Ratio Related Terms

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


Daido Signal Co (TSE:6743) Business Description

Traded in Other Exchanges
N/A
Address
New-Onarimon-Building, 6-17-19 Shimbashi, Minato-ku, Tokyo, JPN
Daido Signal Co Ltd is a Japan-based company engages in the manufacture, installation/processing, repair and sale of railway signal safety devices, electrical equipment, mechanical devices, and synthetic resins.

Daido Signal Co (TSE:6743) Headlines

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