Daido Metal Co (TSE:7245) Dividend Payout Ratio : 0.40 (As of Mar. 2024)

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What is Daido Metal Co Dividend Payout Ratio?

Daido Metal Co's dividend payout ratio for the months ended in Mar. 2024 was 0.40.

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

TSE:7245' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.38 Max: 8.89
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Daido Metal Co was 8.89. The lowest was 0.12. And the median was 0.38.

TSE:7245's Dividend Payout Ratio is ranked worse than
51.13% of 751 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs TSE:7245: 0.29

As of today (2024-06-03), the Dividend Yield % of Daido Metal Co is 2.50%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daido Metal Co was 6.41%. The lowest was 0.58%. And the median was 2.88%.

Daido Metal Co's Dividends per Share for the months ended in Mar. 2024 was 円13.00.

During the past 12 months, Daido Metal 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 -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daido Metal Co was 33.90% per year. The lowest was -26.30% per year. And the median was 12.30% per year.

The growth rate is calculated with least square regression.

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

Daido Metal Co Dividend Payout Ratio Historical Data

The historical data trend for Daido Metal 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.

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Daido Metal Co Dividend Payout Ratio Chart

Daido Metal Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.89

8.89

0.48

0.28

Daido Metal 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															0.37	-	0.21	-	0.40

Competitive Comparison of Daido Metal Co's Dividend Payout Ratio

For the Auto Parts subindustry, Daido Metal 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.

Daido Metal Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

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

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

Daido Metal Co Dividend Payout Ratio Calculation

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

Daido Metal 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 )
	=	15	/	52.782
	=	0.28

Daido Metal 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 )
	=	13	/	32.363
	=	0.40

Daido Metal Co (TSE:7245) 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.

Daido Metal Co Dividend Payout Ratio Related Terms

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

Daido Metal Co (TSE:7245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Daido Metal Co Ltd (TSE:7245) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002

Website

http://www.daidometal.com

Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.

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