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TCNRF (Tokyo Century) Dividend Payout Ratio : 0.93 (As of Sep. 2024)


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What is Tokyo Century 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. Tokyo Century's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.93.

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

TCNRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.36
Current: 0.36


During the past 13 years, the highest Dividend Payout Ratio of Tokyo Century was 0.36. The lowest was 0.19. And the median was 0.26.

TCNRF's Dividend Payout Ratio is ranked better than
89.6% of 529 companies
in the Business Services industry
Industry Median: 0.4 vs TCNRF: 0.36

As of today (2024-12-16), the Dividend Yield % of Tokyo Century is 3.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokyo Century was 4.26%. The lowest was 0.72%. And the median was 2.38%.

Tokyo Century's Dividends per Share for the months ended in Sep. 2024 was $0.20.

During the past 12 months, Tokyo Century's average Dividends Per Share Growth Rate was 30.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokyo Century was 24.40% per year. The lowest was 1.70% per year. And the median was 14.10% 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.


Tokyo Century Dividend Payout Ratio Historical Data

The historical data trend for Tokyo Century'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.

Tokyo Century Dividend Payout Ratio Chart

Tokyo Century 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 - 0.35 0.34 0.30 0.34

Tokyo Century 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 0.74 - 0.78 - 0.93

Competitive Comparison of Tokyo Century's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's Dividend Payout Ratio distribution charts can be found below:

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



Tokyo Century 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.

Tokyo Century'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 )
=0.334/ 0.973
=0.34

Tokyo Century'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 )
=0.203/ 0.218
=0.93

* 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.


Tokyo Century (OTCPK:TCNRF) 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.


Tokyo Century Dividend Payout Ratio Related Terms

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


Tokyo Century Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Tokyo Century Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The end markets for Century Tokyo Leasing are Japan and Ireland.

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