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Hitachi Construction Machinery Co (TSE:6305) Dividend Payout Ratio : 0.41 (As of Mar. 2024)


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What is Hitachi Construction Machinery Co Dividend Payout Ratio?

Hitachi Construction Machinery Co's dividend payout ratio for the months ended in Mar. 2024 was 0.41.

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

TSE:6305' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.31   Max: 0.97
Current: 0.3


During the past 13 years, the highest Dividend Payout Ratio of Hitachi Construction Machinery Co was 0.97. The lowest was 0.30. And the median was 0.31.

TSE:6305's Dividend Payout Ratio is ranked worse than
62.5% of 120 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.23 vs TSE:6305: 0.30

As of today (2024-05-02), the Dividend Yield % of Hitachi Construction Machinery Co is 3.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hitachi Construction Machinery Co was 4.89%. The lowest was 0.35%. And the median was 2.41%.

Hitachi Construction Machinery Co's Dividends per Share for the months ended in Mar. 2024 was 円65.00.

During the past 12 months, Hitachi Construction Machinery Co's average Dividends Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 95.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hitachi Construction Machinery Co was 95.70% per year. The lowest was -38.30% per year. And the median was 24.20% per year.

The growth rate is calculated with least square regression.

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


Hitachi Construction Machinery Co Dividend Payout Ratio Historical Data

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co Dividend Payout Ratio Chart

Hitachi Construction Machinery Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.41 0.31 0.33 0.30

Hitachi Construction Machinery 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 - 0.69 - 0.41

Competitive Comparison of Hitachi Construction Machinery Co's Dividend Payout Ratio

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Dividend Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Dividend Payout Ratio distribution charts can be found below:

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



Hitachi Construction Machinery Co Dividend Payout Ratio Calculation

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

Hitachi Construction Machinery 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 )
=150/ 494.273
=0.30

Hitachi Construction Machinery 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 )
=65/ 160.073
=0.41

* 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.


Hitachi Construction Machinery Co (TSE:6305) 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.


Hitachi Construction Machinery Co Dividend Payout Ratio Related Terms

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


Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (TSE:6305) Headlines

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