Pigeon (FRA:9N3) Dividend Payout Ratio : 2.41 (As of Jun. 2024)

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What is Pigeon Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Pigeon's Dividend Payout Ratio for the months ended in Jun. 2024 was 2.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pigeon Corp is 1.48, which seems too high.

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

FRA:9N3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.57 Max: 1.48
Current: 1.48

During the past 13 years, the highest Dividend Payout Ratio of Pigeon was 1.48. The lowest was 0.49. And the median was 0.57.

FRA:9N3's Dividend Payout Ratio is ranked worse than
94.47% of 976 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs FRA:9N3: 1.48

As of today (2024-12-13), the Dividend Yield % of Pigeon is 5.12%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Pigeon was 5.60%. The lowest was 0.72%. And the median was 1.59%.

Pigeon's Dividends per Share for the months ended in Jun. 2024 was €0.22.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pigeon was 46.50% per year. The lowest was 1.80% per year. And the median was 17.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Pigeon Dividend Payout Ratio Historical Data

The historical data trend for Pigeon'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.

Pigeon Dividend Payout Ratio Chart

Pigeon Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.18

Pigeon Quarterly Data
	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	11.00	-	2.41	-

Competitive Comparison of Pigeon's Dividend Payout Ratio

For the Household & Personal Products subindustry, Pigeon'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.

Pigeon's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pigeon's Dividend Payout Ratio distribution charts can be found below:

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

Pigeon Dividend Payout Ratio Calculation

Pigeon's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.484	/	0.409
	=	1.18

Pigeon's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.224	/	0.093
	=	2.41

Pigeon (FRA:9N3) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Pigeon Dividend Payout Ratio Related Terms

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

Pigeon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pigeon Corp (FRA:9N3) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PIGEF:USA PGENY:USA 7956:Japan

Address

4-4, Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-8480

Website

http://www.pigeon.co.jp

Pigeon Corp is a Japanese household and personal product company that manufactures and sells baby- and child-care and maternity products, women's care items, and home healthcare products, among others. The business is divided into a domestic baby and mother care business, child-rearing support services, a healthcare and nursing care business, and overseas Business, and a Chinese business. The overseas business includes Asia (South Korea, Singapore, and India, among others), the Middle East (United Arab Emirates, among others), North America (the U.S. and Canada), and others (South Africa, Germany, and South America).

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