Nichia Steel Works (TSE:5658) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Nichia Steel Works Dividend Payout Ratio?

Nichia Steel Works's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

TSE:5658' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.28 Max: 0.45
Current: 0.43

During the past 13 years, the highest Dividend Payout Ratio of Nichia Steel Works was 0.45. The lowest was 0.18. And the median was 0.28.

TSE:5658's Dividend Payout Ratio is ranked worse than
63.6% of 1665 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:5658: 0.43

As of today (2024-05-31), the Dividend Yield % of Nichia Steel Works is 3.27%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nichia Steel Works was 4.48%. The lowest was 1.46%. And the median was 2.13%.

Nichia Steel Works's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nichia Steel Works was 26.00% per year. The lowest was -9.10% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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

Nichia Steel Works Dividend Payout Ratio Historical Data

The historical data trend for Nichia Steel Works'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.

Nichia Steel Works Dividend Payout Ratio Chart

Nichia Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.24

0.27

0.29

0.36

Nichia Steel Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.90	-	0.93	-

Competitive Comparison of Nichia Steel Works's Dividend Payout Ratio

For the Tools & Accessories subindustry, Nichia Steel Works'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.

Nichia Steel Works's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nichia Steel Works's Dividend Payout Ratio falls into.

Nichia Steel Works Dividend Payout Ratio Calculation

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

Nichia Steel Works's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	10	/	27.685
	=	0.36

Nichia Steel Works's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	5.885
	=	0.00

Nichia Steel Works (TSE:5658) 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.

Nichia Steel Works Dividend Payout Ratio Related Terms

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

Nichia Steel Works (TSE:5658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083

Website

http://www.nichiasteel.co.jp

Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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