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Asahi Kasei (Asahi Kasei) 3-Year Dividend Growth Rate : 1.90% (As of Dec. 2023)


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What is Asahi Kasei 3-Year Dividend Growth Rate?

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

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

AHKSY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.9   Med: 12.1   Max: 26
Current: 1.9

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.

AHKSY's 3-Year Dividend Growth Rate is ranked worse than
69.44% of 697 companies
in the Chemicals industry
Industry Median: 9.4 vs AHKSY: 1.90

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. 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.

Asahi Kasei's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Asahi Kasei's Dividend Yield % is 3.67%.

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.

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


Competitive Comparison of Asahi Kasei's 3-Year Dividend Growth Rate

For the Chemicals subindustry, Asahi Kasei'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.


Asahi Kasei's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Kasei's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Asahi Kasei 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.


Asahi Kasei  (OTCPK:AHKSY) 3-Year Dividend Growth Rate Explanation

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

Asahi Kasei'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/ 0.26
=0.00

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.

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.

2. 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 0.2442023-09-282023-09-292023-12-18Cash 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.

Asahi Kasei's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.244/13.666
=1.79 %

Current Share Price is $13.666.
Asahi Kasei's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.244.

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%.

* 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.


Asahi Kasei 3-Year Dividend Growth Rate Related Terms>


Asahi Kasei (Asahi Kasei) Business Description

Traded in Other Exchanges
Address
1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101
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.

Asahi Kasei (Asahi Kasei) Headlines

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