Toyo Kanetsu KK (TSE:6369) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Toyo Kanetsu KK Dividend Payout Ratio?

Toyo Kanetsu KK's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Toyo Kanetsu KK is 0.71, which seems too high.

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

TSE:6369' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.47 Max: 0.8
Current: 0.71

During the past 13 years, the highest Dividend Payout Ratio of Toyo Kanetsu KK was 0.80. The lowest was 0.18. And the median was 0.47.

TSE:6369's Dividend Payout Ratio is ranked worse than
82.33% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6369: 0.71

As of today (2024-05-23), the Dividend Yield % of Toyo Kanetsu KK is 5.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Toyo Kanetsu KK was 6.03%. The lowest was 1.22%. And the median was 3.46%.

Toyo Kanetsu KK's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 12 months, Toyo Kanetsu KK's average Dividends Per Share Growth Rate was 55.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toyo Kanetsu KK was 35.70% per year. The lowest was 7.70% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

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

Toyo Kanetsu KK Dividend Payout Ratio Historical Data

The historical data trend for Toyo Kanetsu KK'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.

Toyo Kanetsu KK Dividend Payout Ratio Chart

Toyo Kanetsu KK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.48

0.46

0.56

0.60

0.70

Toyo Kanetsu KK 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															1.39	-	-	-	1.22

Competitive Comparison of Toyo Kanetsu KK's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.

Toyo Kanetsu KK's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Kanetsu KK's Dividend Payout Ratio falls into.

Toyo Kanetsu KK Dividend Payout Ratio Calculation

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

Toyo Kanetsu KK'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 )
	=	229	/	327.721
	=	0.70

Toyo Kanetsu KK'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	/	57.286
	=	0.00

Toyo Kanetsu KK (TSE:6369) 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.

Toyo Kanetsu KK Dividend Payout Ratio Related Terms

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

Toyo Kanetsu KK (TSE:6369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Kanetsu KK (TSE:6369) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666

Website

http://www.toyokanetsu.co.jp

Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

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