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Aichi Steel (TSE:5482) 3-Year Dividend Growth Rate : 30.50% (As of Mar. 2024)


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What is Aichi Steel 3-Year Dividend Growth Rate?

Aichi Steel's Dividends per Share for the three months ended in Mar. 2024 was 円60.00.

The historical rank and industry rank for Aichi Steel's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:5482' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -38.7   Med: 6.3   Max: 30.5
Current: 30.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aichi Steel was 30.50% per year. The lowest was -38.70% per year. And the median was 6.30% per year.

TSE:5482's 3-Year Dividend Growth Rate is ranked better than
66.2% of 216 companies
in the Steel industry
Industry Median: 14.5 vs TSE:5482: 30.50

During the past 12 months, Aichi Steel's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Aichi Steel's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.47. As of today, Aichi Steel's Dividend Yield % is 2.70%.

Good Sign:

Aichi Steel Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of Aichi Steel's 3-Year Dividend Growth Rate

For the Steel subindustry, Aichi Steel's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Aichi Steel's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Aichi Steel's 3-Year Dividend Growth Rate falls into.



Aichi Steel 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Aichi Steel  (TSE:5482) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Aichi Steel'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 )
=60/ 24.26
=2.47

During the past 13 years, the highest Dividend Payout Ratio of Aichi Steel was 0.60. The lowest was 0.27. And the median was 0.31.

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

Aichi Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 60.0000002024-03-282024-03-312024-05-30Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 40.0000002023-09-282023-09-302023-11-27Cash 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.

Aichi Steel's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=100/3705.00
=2.70 %

Current Share Price is 円3705.00.
Aichi Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円100.

During the past 13 years, the highest Dividend Yield of Aichi Steel was 5.14%. The lowest was 0.70%. And the median was 2.25%.

Good Sign:

Aichi Steel Corp stock dividend yield is close to 3-year high.

* 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.


Aichi Steel 3-Year Dividend Growth Rate Related Terms>


Aichi Steel (TSE:5482) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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