Asahi Kagaku Kogyo Co (TSE:7928) Dividend Payout Ratio : 2.00 (As of Feb. 2024)

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What is Asahi Kagaku Kogyo Co Dividend Payout Ratio?

Asahi Kagaku Kogyo Co's dividend payout ratio for the months ended in Feb. 2024 was 2.00.

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

TSE:7928' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.35 Max: 0.63
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Asahi Kagaku Kogyo Co was 0.63. The lowest was 0.20. And the median was 0.35.

TSE:7928's Dividend Payout Ratio is ranked worse than
69.05% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:7928: 0.49

As of today (2024-05-24), the Dividend Yield % of Asahi Kagaku Kogyo Co is 1.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asahi Kagaku Kogyo Co was 5.75%. The lowest was 0.47%. And the median was 1.56%.

Asahi Kagaku Kogyo Co's Dividends per Share for the months ended in Feb. 2024 was 円5.00.

During the past 12 months, Asahi Kagaku Kogyo Co's average Dividends Per Share Growth Rate was -68.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asahi Kagaku Kogyo Co was 71.00% per year. The lowest was -30.70% per year. And the median was 9.90% per year.

The growth rate is calculated with least square regression.

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

Asahi Kagaku Kogyo Co Dividend Payout Ratio Historical Data

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Dividend Payout Ratio Chart

Asahi Kagaku Kogyo Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

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0.44

0.20

0.35

Asahi Kagaku Kogyo Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.66	-	2.00

Competitive Comparison of Asahi Kagaku Kogyo Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

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

Asahi Kagaku Kogyo Co Dividend Payout Ratio Calculation

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

Asahi Kagaku Kogyo Co's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	13	/	37.562
	=	0.35

Asahi Kagaku Kogyo Co's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	5	/	2.496
	=	2.00

Asahi Kagaku Kogyo Co (TSE:7928) 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.

Asahi Kagaku Kogyo Co Dividend Payout Ratio Related Terms

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Asahi Kagaku Kogyo Co (TSE:7928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asahi Kagaku Kogyo Co Ltd (TSE:7928) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205

Website

http://www.asahikagakukogyo.co.jp

Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.

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