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HTHIY (Hitachi) Dividend Payout Ratio : 0.36 (As of Sep. 2024)


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What is Hitachi 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. Hitachi's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.36.

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

HTHIY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.22   Max: 1.03
Current: 0.27


During the past 13 years, the highest Dividend Payout Ratio of Hitachi was 1.03. The lowest was 0.19. And the median was 0.22.

HTHIY's Dividend Payout Ratio is ranked better than
57.97% of 276 companies
in the Conglomerates industry
Industry Median: 0.315 vs HTHIY: 0.27

As of today (2024-12-12), the Dividend Yield % of Hitachi is 1.02%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hitachi was 3.51%. The lowest was 0.89%. And the median was 1.81%.

Hitachi's Dividends per Share for the months ended in Sep. 2024 was $0.28.

During the past 12 months, Hitachi's average Dividends Per Share Growth Rate was 32.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hitachi was 54.20% per year. The lowest was -20.60% per year. And the median was 7.55% 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.


Hitachi Dividend Payout Ratio Historical Data

The historical data trend for Hitachi'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.

Hitachi Dividend Payout Ratio Chart

Hitachi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.20 0.20 0.21 0.28

Hitachi Quarterly Data
Dec19 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 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 0.54 - 0.63 - 0.36

Competitive Comparison of Hitachi's Dividend Payout Ratio

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Dividend Payout Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Dividend Payout Ratio distribution charts can be found below:

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



Hitachi Dividend Payout Ratio Calculation

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.

Hitachi's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0.475/ 1.692
=0.28

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

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.277/ 0.779
=0.36

* 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.


Hitachi (OTCPK:HTHIY) 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.


Hitachi Dividend Payout Ratio Related Terms

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


Hitachi Business Description

Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.