Nippon Shokubai Co (Nippon Shokubai Co) Dividend Payout Ratio : 2.83 (As of Mar. 2024)

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What is Nippon Shokubai Co Dividend Payout Ratio?

Nippon Shokubai Co's dividend payout ratio for the months ended in Mar. 2024 was 2.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nippon Shokubai Co Ltd is 0.80, which seems too high.

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

During the past 13 years, the highest Dividend Payout Ratio of Nippon Shokubai Co was 0.65. The lowest was 0.22. And the median was 0.29.

NSHKF's Dividend Payout Ratio is not ranked ^*
in the Chemicals industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-15), the Dividend Yield % of Nippon Shokubai Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nippon Shokubai Co was 3.92%. The lowest was 0.00%. And the median was 2.17%.

Nippon Shokubai Co's Dividends per Share for the months ended in Mar. 2024 was $0.15.

During the past 12 months, Nippon Shokubai Co's average Dividends Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Shokubai Co was 47.40% per year. The lowest was -17.50% per year. And the median was 5.45% per year.

The growth rate is calculated with least square regression.

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

Nippon Shokubai Co Dividend Payout Ratio Historical Data

The historical data trend for Nippon Shokubai Co'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.

Nippon Shokubai Co Dividend Payout Ratio Chart

Nippon Shokubai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.29

0.37

0.64

Nippon Shokubai Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	1.55	-	2.83

Competitive Comparison of Nippon Shokubai Co's Dividend Payout Ratio

For the Chemicals subindustry, Nippon Shokubai Co'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.

Nippon Shokubai Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Shokubai Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Shokubai Co's Dividend Payout Ratio falls into.

Nippon Shokubai Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nippon Shokubai Co'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 )
	=	0.3	/	0.47
	=	0.64

Nippon Shokubai Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.15	/	0.053
	=	2.83

Nippon Shokubai Co (OTCPK:NSHKF) Dividend Payout Ratio Explanation

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.

Nippon Shokubai Co Dividend Payout Ratio Related Terms

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

Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NSHKF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

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