Niterra Co (TSE:5334) Dividend Payout Ratio : 1.18 (As of Mar. 2024)

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What is Niterra Co Dividend Payout Ratio?

Niterra Co's dividend payout ratio for the months ended in Mar. 2024 was 1.18.

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

TSE:5334' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.31 Max: 0.51
Current: 0.4

During the past 13 years, the highest Dividend Payout Ratio of Niterra Co was 0.51. The lowest was 0.18. And the median was 0.31.

TSE:5334's Dividend Payout Ratio is ranked worse than
65.59% of 741 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs TSE:5334: 0.40

As of today (2024-05-14), the Dividend Yield % of Niterra Co is 3.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Niterra Co was 6.51%. The lowest was 0.85%. And the median was 2.64%.

Niterra Co's Dividends per Share for the months ended in Mar. 2024 was 円84.00.

During the past 12 months, Niterra Co's average Dividends Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 48.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Niterra Co was 65.10% per year. The lowest was -12.30% per year. And the median was 17.80% per year.

The growth rate is calculated with least square regression.

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

Niterra Co Dividend Payout Ratio Historical Data

The historical data trend for Niterra 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.

* Premium members only.

Niterra Co Dividend Payout Ratio Chart

Niterra Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.43

0.27

0.35

0.51

0.40

Niterra 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															2.44	-	0.73	-	1.18

Competitive Comparison of Niterra Co's Dividend Payout Ratio

For the Auto Parts subindustry, Niterra 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.

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

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

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

Niterra Co Dividend Payout Ratio Calculation

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

Niterra 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 )
	=	164	/	409.47
	=	0.40

Niterra 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 )
	=	84	/	71.451
	=	1.18

Niterra Co (TSE:5334) 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.

Niterra Co Dividend Payout Ratio Related Terms

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

Niterra Co (TSE:5334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niterra Co Ltd (TSE:5334) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NGK:Germany

Address

14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525

Website

http://www.ngkntk.co.jp

Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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