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Seiren Co (TSE:3569) Dividend Payout Ratio : 0.51 (As of Mar. 2024)


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What is Seiren Co Dividend Payout Ratio?

Seiren Co's dividend payout ratio for the months ended in Mar. 2024 was 0.51.

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

TSE:3569' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.25   Max: 0.29
Current: 0.27


During the past 13 years, the highest Dividend Payout Ratio of Seiren Co was 0.29. The lowest was 0.23. And the median was 0.25.

TSE:3569's Dividend Payout Ratio is ranked better than
64.95% of 428 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.37 vs TSE:3569: 0.27

As of today (2024-05-31), the Dividend Yield % of Seiren Co is 2.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Seiren Co was 3.37%. The lowest was 1.41%. And the median was 1.83%.

Seiren Co's Dividends per Share for the months ended in Mar. 2024 was 円30.00.

During the past 12 months, Seiren Co's average Dividends Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Seiren Co was 26.00% per year. The lowest was -12.60% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

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


Seiren Co Dividend Payout Ratio Historical Data

The historical data trend for Seiren 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.

Seiren Co Dividend Payout Ratio Chart

Seiren Co 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 0.23 0.29 0.27 0.25 0.27

Seiren 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 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 - 0.55 - 0.51

Competitive Comparison of Seiren Co's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Seiren 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.


Seiren Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiren Co's Dividend Payout Ratio distribution charts can be found below:

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



Seiren Co Dividend Payout Ratio Calculation

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

Seiren 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 )
=53/ 199.035
=0.27

Seiren 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 )
=30/ 58.898
=0.51

* 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.


Seiren Co (TSE:3569) 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.


Seiren Co Dividend Payout Ratio Related Terms

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


Seiren Co (TSE:3569) Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Keya, Fukui-ku, Fukui, JPN, 918-8003
Seiren Co Ltd is a Japan-based fiber manufacturing company. It is a dyeing processor of filament fibers. The company also produces silk, synthetic fibers and textile products used in household interior and apparel. It manufactures industrial materials including automobile interiors such as seats and air bags. The company's segment includes Automotive Interior, High Fashion, Electronics, Environment and Life Materials, Medical and Other. The company generates the majority of its revenue from the Automotive Interior segment.

Seiren Co (TSE:3569) Headlines

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