Canare Electric Co (TSE:5819) Dividend Payout Ratio : 0.80 (As of Dec. 2023)

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What is Canare Electric Co Dividend Payout Ratio?

Canare Electric Co's dividend payout ratio for the months ended in Dec. 2023 was 0.80.

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

TSE:5819' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.29 Max: 0.41
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Canare Electric Co was 0.41. The lowest was 0.23. And the median was 0.29.

TSE:5819's Dividend Payout Ratio is ranked worse than
54% of 1661 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:5819: 0.36

As of today (2024-05-17), the Dividend Yield % of Canare Electric Co is 4.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canare Electric Co was 4.05%. The lowest was 1.26%. And the median was 2.12%.

Canare Electric Co's Dividends per Share for the months ended in Dec. 2023 was 円39.00.

During the past 12 months, Canare Electric Co's average Dividends Per Share Growth Rate was 77.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canare Electric Co was 55.40% per year. The lowest was -21.70% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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

Canare Electric Co Dividend Payout Ratio Historical Data

The historical data trend for Canare Electric 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.

Canare Electric Co Dividend Payout Ratio Chart

Canare Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.41

0.23

0.30

0.27

0.36

Canare Electric Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.41	-	0.97	-	0.80

Competitive Comparison of Canare Electric Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Canare Electric 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.

Canare Electric Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canare Electric Co's Dividend Payout Ratio distribution charts can be found below:

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

Canare Electric Co Dividend Payout Ratio Calculation

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

Canare Electric Co'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 )
	=	62	/	174.657
	=	0.35

Canare Electric Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	39	/	48.911
	=	0.80

Canare Electric Co (TSE:5819) 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.

Canare Electric Co Dividend Payout Ratio Related Terms

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

Canare Electric Co (TSE:5819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canare Electric Co Ltd (TSE:5819) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1 Shiba-Koen, B-13th Floor, Shiba Park Building, Minato-ku, Tokyo, JPN, 105-0011

Website

http://www.canare.co.jp

Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.

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