If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of IJTT Co Ltd is 1149042.27, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of IJTT Co was 7754711.92. The lowest was 1149042.27. And the median was 3098150.97.
During the past 12 months, IJTT Co's average Dividends Per Share Growth Rate was 12.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IJTT Co was 37.40% per year. The lowest was -14.50% 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.
IJTT Co Dividend Yield % Historical Data
The historical data trend for IJTT 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.
Competitive Comparison of IJTT Co's Dividend Yield %
For the Auto Parts subindustry, IJTT 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.
IJTT Co's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, IJTT Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where IJTT Co's Dividend Yield % falls into.
IJTT Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
IJTT Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 9999999.999000
2023-09-28
2023-09-30
2023-12-04
Cash Dividend
semi-annually
JPY: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.
IJTT Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
9999999.999
/
845.00
=
1,183,431.95 %
Current Share Price is 円845.00. IJTT Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円9999999.999.
IJTT Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
19999999.998
/
845.00
=
2,366,863.91 %
Current Share Price is 円845.00. IJTT Co's Dividends per Share for the forward twelve months is calculated as 円9999999.999 * 2 = 円19999999.998.
* 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.
IJTT Co (TSE:7315) 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.
Thank you for viewing the detailed overview of IJTT Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
IJTT Co Ltd engages in the management of its subsidiaries which manufacture and sell truck, industrial vehicles, and construction machinery parts. Its products include automobile-related products, including cylinder blocks and heads, exhaust manifolds, and hub and drum assemblies; construction equipment vehicles and industrial vehicles related products, such as differential carrier assemblies, control valve bodies, and rear covers; propeller shafts; power take off components; engine parts comprising flywheels, drive plates, and ring gears; and crankshafts, I-beams, and axle shafts.
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