Tokai Rika Co (TSE:6995) Dividend Payout Ratio : 9.94 (As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Tokai Rika Co Dividend Payout Ratio?

Tokai Rika Co's dividend payout ratio for the months ended in Mar. 2024 was 9.94.

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

TSE:6995' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.33 Max: 1.09
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Tokai Rika Co was 1.09. The lowest was 0.23. And the median was 0.33.

TSE:6995's Dividend Payout Ratio is ranked better than
59.63% of 748 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs TSE:6995: 0.23

As of today (2024-06-24), the Dividend Yield % of Tokai Rika Co is 3.31%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokai Rika Co was 5.51%. The lowest was 1.46%. And the median was 2.94%.

Tokai Rika Co's Dividends per Share for the months ended in Mar. 2024 was 円34.00.

During the past 12 months, Tokai Rika Co's average Dividends Per Share Growth Rate was 9.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokai Rika Co was 33.90% per year. The lowest was -14.50% per year. And the median was 2.75% per year.

The growth rate is calculated with least square regression.

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

Tokai Rika Co Dividend Payout Ratio Historical Data

The historical data trend for Tokai Rika 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.

Tokai Rika Co Dividend Payout Ratio Chart

Tokai Rika Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.38

1.09

0.50

0.23

Tokai Rika 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															0.58	-	0.33	-	9.94

Competitive Comparison of Tokai Rika Co's Dividend Payout Ratio

For the Auto Parts subindustry, Tokai Rika 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.

Tokai Rika Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tokai Rika Co's Dividend Payout Ratio distribution charts can be found below:

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

Tokai Rika Co Dividend Payout Ratio Calculation

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

Tokai Rika 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 )
	=	70	/	304.869
	=	0.23

Tokai Rika 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 )
	=	34	/	3.422
	=	9.94

Tokai Rika Co (TSE:6995) 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.

Tokai Rika Co Dividend Payout Ratio Related Terms

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

Tokai Rika Co (TSE:6995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tokai Rika Co Ltd (TSE:6995) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-260 Toyota, Oguchi-Cho, Niwa-gun, Aichi, JPN, 480-0195

Website

http://www.tokai-rika.co.jp

Tokai Rika Co Ltd is a Japan-based company manufactures automobile control systems and components that accurately relay human commands, as well as security devices that prevent unauthorized entry and safety systems that protect human lives. The company's major products include automotive switches, locks, and keys, seatbelts, shift levers, electronic parts, steering wheels, connectors, mirrors, plastic wheel covers, ornaments, amongst others.

Tokai Rika Co (TSE:6995) Headlines

No Headlines