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Asaka Industrial Co (TSE:5962) Dividend Yield % : 3.29% (As of Dec. 13, 2024)


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What is Asaka Industrial Co Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Asaka Industrial Co is 3.29%.

Good Sign:

Asaka Industrial Co Ltd stock dividend yield is close to 10-year high.

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

TSE:5962' s Dividend Yield % Range Over the Past 10 Years
Min: 0.96   Med: 2.1   Max: 3.5
Current: 3.29

During the past 13 years, the highest Dividend Yield of Asaka Industrial Co was 3.50%. The lowest was 0.96%. And the median was 2.10%.

TSE:5962's Dividend Yield % is ranked better than
77.18% of 1946 companies
in the Industrial Products industry
Industry Median: 1.67 vs TSE:5962: 3.29

Asaka Industrial Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Asaka Industrial Co was 2.73. The lowest was 0.20. And the median was 0.32.

As of today (2024-12-13), the Forward Dividend Yield % of Asaka Industrial Co is 6.57%.

Asaka Industrial Co's Dividends per Share for the three months ended in Sep. 2024 was 円0.00.

During the past 12 months, Asaka Industrial Co's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.50% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Asaka Industrial Co Dividend Yield % Historical Data

The historical data trend for Asaka Industrial Co's Dividend Yield % 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 Yield % Chart

Asaka Industrial Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.17 5.53 6.34 5.44

Asaka Industrial Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Dividend Yield % 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 2.86 2.74 2.66 5.44 2.96

Competitive Comparison of Asaka Industrial Co's Dividend Yield %

For the Tools & Accessories subindustry, Asaka Industrial Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Industrial Products Industry

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

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



Asaka Industrial Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Asaka Industrial Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 50.0000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY:JPY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Asaka Industrial Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=50/1515.00
=3.30 %

Current Share Price is 円1515.00.
Asaka Industrial Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円50.

Asaka Industrial Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=100/1515.00
=6.60 %

Current Share Price is 円1515.00.
Asaka Industrial Co's Dividends per Share for the forward twelve months is calculated as 円50 * 2 = 円100.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Asaka Industrial Co Dividend Yield % Related Terms

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


Asaka Industrial Co 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 Headlines

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