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Taiheiyo Cement (Taiheiyo Cement) 3-Year Dividend Growth Rate : 5.30% (As of Dec. 2023)


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What is Taiheiyo Cement 3-Year Dividend Growth Rate?

Taiheiyo Cement's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Taiheiyo Cement's 3-Year Dividend Growth Rate or its related term are showing as below:

THYCY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 7   Max: 26
Current: 5.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Taiheiyo Cement was 26.00% per year. The lowest was -20.60% per year. And the median was 7.00% per year.

THYCY's 3-Year Dividend Growth Rate is ranked worse than
63.47% of 167 companies
in the Building Materials industry
Industry Median: 11.9 vs THYCY: 5.30

During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% 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 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Taiheiyo Cement's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Taiheiyo Cement's Dividend Yield % is 2.14%.

Warning Sign:

Taiheiyo Cement Corp stock dividend yield is close to 3-year low.

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


Competitive Comparison of Taiheiyo Cement's 3-Year Dividend Growth Rate

For the Building Materials subindustry, Taiheiyo Cement's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Taiheiyo Cement's 3-Year Dividend Growth Rate Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Taiheiyo Cement's 3-Year Dividend Growth Rate falls into.



Taiheiyo Cement 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Taiheiyo Cement  (OTCPK:THYCY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Taiheiyo Cement'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/ 0.232
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Taiheiyo Cement was 0.28. The lowest was 0.14. And the median was 0.15.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Taiheiyo Cement Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002023-09-282023-09-292023-12-19Cash Dividendsemi-annuallyUSD: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.

Taiheiyo Cement's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.06/5.60
=1.07 %

Current Share Price is $5.60.
Taiheiyo Cement's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.06.

During the past 13 years, the highest Dividend Yield of Taiheiyo Cement was 3.73%. The lowest was 0.93%. And the median was 1.86%.

Warning Sign:

Taiheiyo Cement Corp stock dividend yield is close to 3-year low.

* 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.


Taiheiyo Cement 3-Year Dividend Growth Rate Related Terms>


Taiheiyo Cement (Taiheiyo Cement) Business Description

Traded in Other Exchanges
Address
Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518
Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (Taiheiyo Cement) Headlines

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