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Daido Metal Co (TSE:7245) 3-Year Dividend Growth Rate : -9.10% (As of Mar. 2024)


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What is Daido Metal Co 3-Year Dividend Growth Rate?

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

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

TSE:7245' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.3   Med: 12.3   Max: 33.9
Current: -9.1

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.

TSE:7245's 3-Year Dividend Growth Rate is ranked worse than
83.07% of 514 companies
in the Vehicles & Parts industry
Industry Median: 14.5 vs TSE:7245: -9.10

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. 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.

Daido Metal Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.40. As of today, Daido Metal Co's Dividend Yield % is 2.47%.

Good Sign:

Daido Metal Co Ltd stock dividend yield is close to 1-year high.

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


Competitive Comparison of Daido Metal Co's 3-Year Dividend Growth Rate

For the Auto Parts subindustry, Daido Metal Co'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.


Daido Metal Co's 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Daido Metal Co's 3-Year Dividend Growth Rate falls into.



Daido Metal Co 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.


Daido Metal Co  (TSE:7245) 3-Year Dividend Growth Rate Explanation

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

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

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.

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

Daido Metal Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 13.0000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 2.0000002023-09-282023-09-302023-12-07Cash 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.

Daido Metal Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=15/591.00
=2.54 %

Current Share Price is 円591.00.
Daido Metal Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円15.

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

Good Sign:

Daido Metal Co Ltd stock dividend yield is close to 1-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.


Daido Metal Co 3-Year Dividend Growth Rate Related Terms>


Daido Metal Co (TSE:7245) Business Description

Traded in Other Exchanges
N/A
Address
17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002
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.

Daido Metal Co (TSE:7245) Headlines

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