Akasaka Diesels (TSE:6022) Dividend Payout Ratio : 0.17 (As of Mar. 2024)

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What is Akasaka Diesels 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. Akasaka Diesels's Dividend Payout Ratio for the months ended in Mar. 2024 was 0.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Akasaka Diesels Ltd is 1.64, which seems too high.

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

TSE:6022' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.25 Max: 1.64
Current: 1.64

During the past 13 years, the highest Dividend Payout Ratio of Akasaka Diesels was 1.64. The lowest was 0.11. And the median was 0.25.

TSE:6022's Dividend Payout Ratio is ranked worse than
96.27% of 134 companies
in the Aerospace & Defense industry
Industry Median: 0.315 vs TSE:6022: 1.64

As of today (2024-09-25), the Dividend Yield % of Akasaka Diesels is 1.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Akasaka Diesels was 2.49%. The lowest was 0.88%. And the median was 1.49%.

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

During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Akasaka Diesels was 14.50% per year. The lowest was -30.70% per year. And the median was -12.60% 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.

Akasaka Diesels Dividend Payout Ratio Historical Data

The historical data trend for Akasaka Diesels'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.

Akasaka Diesels Dividend Payout Ratio Chart

Akasaka Diesels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.93

0.25

0.16

1.63

Akasaka Diesels 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															0.20	-	-	-	0.17

Competitive Comparison of Akasaka Diesels's Dividend Payout Ratio

For the Aerospace & Defense subindustry, Akasaka Diesels'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.

Akasaka Diesels's Dividend Payout Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Akasaka Diesels's Dividend Payout Ratio falls into.

Akasaka Diesels Dividend Payout Ratio Calculation

Akasaka Diesels'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 )
	=	30	/	18.421
	=	1.63

Akasaka Diesels'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	/	177.795
	=	0.17

Akasaka Diesels (TSE:6022) 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.

Akasaka Diesels Dividend Payout Ratio Related Terms

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

Akasaka Diesels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Akasaka Diesels Ltd (TSE:6022) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

Yurakucho 1 - chome, Yurakucho Electric Building, 14th Floor, South Building, Chiyoda-ku, Tokyo, JPN, 100-0006

Website

http://www.akasaka-diesel.jp

Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, forged steel products, movable property, and real estate.

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