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Asaka Industrial Co (TSE:5962) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Asaka Industrial Co Dividend Payout Ratio?

Asaka Industrial Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

TSE:5962' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.33   Max: 2.73
Current: 0.17


During the past 13 years, the highest Dividend Payout Ratio of Asaka Industrial Co was 2.73. The lowest was 0.17. And the median was 0.33.

TSE:5962's Dividend Payout Ratio is ranked better than
78.06% of 1673 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:5962: 0.17

As of today (2024-04-28), the Dividend Yield % of Asaka Industrial Co is 5.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asaka Industrial Co was 5.25%. The lowest was 0.96%. And the median was 2.16%.

Asaka Industrial Co's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 12 months, Asaka Industrial Co's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asaka Industrial Co was 26.00% per year. The lowest was -20.60% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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


Asaka Industrial Co Dividend Payout Ratio Historical Data

The historical data trend for Asaka Industrial 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.

Asaka Industrial Co Dividend Payout Ratio Chart

Asaka Industrial Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.56 0.24 0.23 0.20

Asaka Industrial 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 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 - - - - -

Competitive Comparison of Asaka Industrial Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, Asaka Industrial 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.


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

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

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



Asaka Industrial Co Dividend Payout Ratio Calculation

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

Asaka Industrial Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=40/ 199.411
=0.20

Asaka Industrial 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 )
=0/ 90.008
=0.00

* 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.


Asaka Industrial Co (TSE:5962) 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.


Asaka Industrial Co Dividend Payout Ratio Related Terms

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


Asaka Industrial Co (TSE:5962) Business Description

Traded in Other Exchanges
N/A
Address
117,2-cho,Kaisan-cho, Sakai-shi, Sakai-shi, JPN, 590 0982
Asaka Industrial Co Ltd is a Japan-based agricultural and construction tools manufacturer. Its products include shovels, scoops, farming tools, gardening tools, physical distribution systems and store fixtures, among others.

Asaka Industrial Co (TSE:5962) Headlines

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