As of today (2024-04-24), the Trailing Annual Dividend Yield of Asahi Kasei is 3.67%.
The historical rank and industry rank for Asahi Kasei's Dividend Yield % or its related term are showing as below:
AHKSY'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.37 Med: 2.76 Max: 5.61
Current: 3.67
During the past 13 years, the highest Dividend Yield of Asahi Kasei was 5.61%. The lowest was 1.37%. And the median was 2.76%.
AHKSY's Dividend Yield % is ranked better than 73.91% of 1054
companies
in the Chemicals industry
Industry Median: 2.01
vs AHKSY: 3.67
Asahi Kasei's Dividend Payout Ratio for the
three
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 Kasei Corp is 0.78, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Asahi Kasei was 1.01. The lowest was 0.24. And the median was 0.29.
Asahi Kasei's Dividends per Share for the
three
months ended in Dec. 2023 was $0.00.
During the past 12 months, Asahi Kasei's average Dividends Per Share Growth Rate was 2.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 10.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asahi Kasei was 26.00% per year. The lowest was -5.90% per year. And the median was 12.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Asahi Kasei Dividend Yield % Historical Data
The historical data trend for Asahi Kasei's Dividend Yield % 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.
Competitive Comparison of Asahi Kasei's Dividend Yield %
For the Chemicals subindustry, Asahi Kasei's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Kasei's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asahi Kasei's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Asahi Kasei's Dividend Yield % falls into.
Asahi Kasei Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Asahi Kasei Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.244
2023-09-28
2023-09-29
2023-12-18
Cash Dividend
semi-annually
USD: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.
Asahi Kasei's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.244
/
13.73
=
1.78 %
Current Share Price is $13.73.
Asahi Kasei's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.244.
Asahi Kasei's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.488
/
13.73
=
3.55 %
Current Share Price is $13.73.
Asahi Kasei's Dividends per Share for the forward twelve months is calculated as $0.244 * 2 = $0.488.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Asahi Kasei's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.
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